neither. though they are 2 of the main choices, they are both as bad as the other.
Want to know why? The definition of capitalism is "An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state". This can cause too many problems because it does not talk about who is in control of the "private owners". Only a certain group has power which is not good for those who are not "private owners".
Communism consists of "A political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs". This involves war of the different classes which does cause a few issues. But there will always between people who do not make the same amount or do not have the same things. However, this way each person works to their full abilities and deserve what they make. It is a way to be proud of what you have and to know who is intelligent and who is not.
"If you do not work, you do not eat." Powerful words for which we should be proud of.
Yes I believe in their existence as they are both valid political and economic systems.
This depends on the society and form of government. Capitalism works well within commercial republics where the people are independently minded. Communism works in pure democracies with decentralized governments that have a mandatory, short-term national service requirement.
I believe in a mixed economy, but one with most of the industries in private hands. Government, however, has a role to play as both a regulator and as an instrument for public investment. Sometimes, innovation can only be driven forward by spending that is, in the short term, unprofitable. There are also certain crucial things that need to be done that are by nature unprofitable. Here are some more thoughts:
http://freewayflyer.hubpages.com/hub/A- … Government
by BakerRambles 6 years ago
Communism in theory, has always displayed the best interests for the people overall, exterminating government in favor of small but interconnected collectives. But does communism truly work, and do you think that democracy, or s republic democracy would be dominant over such a form of...
by mrnasir 5 years ago
Choose a name,you think is a better system and tell at least one reason of choosing.
by My Esoteric 3 years ago
It just occurred to me, and I wanted to record it before it slipped away again, that there are two types of Capitalism; Theoretical and Practical (Duh!) What I also noticed is that the endless debates about capitalism between the Right and the Left go on and on, into infinity without each...
by Josak 5 years ago
About a hundred years ago there was not a single nation on earth that could not e called capitalist, today there is not a single major nation that could be called capitalist and certainly no first world ones, the US may be the closest thing to it and it is very much a mixed system, most of the...
by yellowstone8750 6 years ago
As A political historian I have debated this a lot in the classroom. I think there are four: 1. socio-democrcy 2. socialism 3. communism 4. Moaism/Stalinism. I am curious what, if any, differences you see. I am working on an academic essay and would like some opinions to insert.
by Sophia Angelique 7 years ago
sm.Socialism are services provided by the state, e.g. medicare, social security, unemployment benefits, disability benefits, etc. Socialism can also include things like subsidized transport, subsidized electricity, etc.Socialism is part of democracy and Canada, the US, the UK, all countries in...
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