What is the difference between communism, socialism, and capitalism?
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11-18-2012, 01:16 PM
Post: #3
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Socialism: Means of production are commonly owned, industry is democratically run by workers. "From each according to his ability, to each according to his contribution."
Communism: A stateless, classes society, that puts high value in equality. ( This is however a political system not an economic one.). Capitalism: Means of production are privately owned and operated for profit through investment. Characteristics include class hierarchy, wage labor and competition. A state is also favored to protect private property and wealth, also to enforce anti-competitive laws(Monopolies) and enforce private contracts via a court system. There are no contemporary examples of communism, what remains are nations which are state socialist( such as Cuba). And there are not many pure examples of socialism either, you have the same state socialist system in countries like Venezuela. The United states obviously is capitalist, along with most of western Europe. Fascism is a political system in which there is extreme nationalistic sentiment and a consolidation of power. Usually, states run by one party and have strict identity standards. It favors a "cult of personality" under a strong leadership that directs a totalitarian state. Capitalism is allowed as long as it favors goals set by the national agenda. Corporations are essentially at the employment or joined with the state. Anti- Democratic, Anti- Anarchist, Anti-intellectual, Anti-communist, Anti-socialist, |
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Messages In This Thread |
What is the difference between communism, socialism, and capitalism? - Mamin - 11-18-2012, 01:07 PM
[] - tguk143 - 11-18-2012 01:16 PM
[] - GeniusScot - 11-18-2012, 01:16 PM
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