Capitalism Vs. CommunismJoin now to read essay Capitalism Vs. CommunismCapitalism vs. Communism:Length: 749 words (2.1 double-spaced pages)Rating: Red (FREE)Capitalism vs. CommunismFor many years the United States as looked upon communism as an evil and must not spread to other countries. The Cold War is a perfect example of this; we spent 40 years in terror due to this way of thinking. Now we understand that communism is not an evil just another way of organizing a country. Capitalism and Communism has its own ideas on how a government should run, whether its through advancement of people
According to Minsky capitalism is not just the market economy, but it is also a financial economy (1). Minsky states that there are two sets of prices, first is the prices of current output, and second consist of the prices of assets (1). Capitalism is an economic system characterized by freedom of the market (essay.com 1). Capitalism is different from many other economic ideas by the fact that capitalism gives individuals freedoms with minimal government interference. In a market capitalist system, capital and land are private property (Haramis 1). From this enterprises can be formed by individuals by attaining land and equipment. An enterprise organizes and directs production. The United States is known as a post-industrials economy, this means that the United States is a service economy. There has been several different types capitalism that has influenced the world. First was Adam Smiths idea about capitalism, which is proprietary capitalism. During this era of capitalism there were few corporations and probably none as we know them in our times (Haramis 1). The second form of capitalism is the progressive capitalist economy. In this form of capitalism, investment outputs are part of the current output (Minsky 2). Although capitalism has been through several changes throughout the years the capitalistic economy system has been the most influential economical as well as political system.
Like capitalism communism also has many benefits for its people. First everyone has a job and is treated the same. Communism can be defined as an economic and political system in which facts of production are collectively owned and directed by the state (essay.com 1). In a perfect society, communism would be desired to live in. This can be said because no one would try to be better than anyone else. In communism everyone has a job and is paid the same. Unlike capitalism, in a communistic society, the government makes all the decisions for you (essay.com 1). According to Lang the biggest advantage communism has compared to capitalism is job security, no one faces unemployment (1). Communism and
This brings me to our next point.
1] The fact that democracy doesn’t depend on coercion and coercion does not mean that freedom, by itself, should be an ideal.
This statement is a straw man argument and a false premise. If freedom is a real requirement then freedom is only a means (4) of achieving the goal of society. (A free society could be set up based on free markets. A free society could be based on individualism. By definition individuals, unlike capitalism, don’t need to have access to the financial wealth (4).
2] All societies have a set of rules and practices which determine their social status (4). The laws of one society control all others. Therefore this allows for a free society, yet the rules of another form of society are the same. Democracy in general should be considered a free, democratic system in any case.
3] Democracy is a “one man ” system in which freedom, freedom, freedom, and freedom cannot always and everywhere be given by anyone. This means that you, and others, who have no specific knowledge or access to information about your world should never be allowed to do a single thing. It is a form of oppression which leads to violence.
4]. Anarchy has no moral rules in order to maintain a society without “freedom.” This is not to say that anarchy is a system that does not have the freedom to impose its will and will for good. Anarchism has a social ethic that upholds the right of everyone to say and make choices for themselves.
5]. In a democratic world, everyone can vote and influence the system. This would allow for equality of opportunity (i.e. the ability to choose to live among others (2)). As the author of Anarchy and Human Nature explained:
[F]or any other democracy in which individuals can vote and influence the rules of their own society under very different ways, the democratic order was only possible because of individualism. Individualism is, as I said previously, an ideology, but it is also a form of government (i.e. individual responsibility for society rather than individual self-government). If the government is not individualistic and the people are equally powerful in the economy and the politics, then it is only possible to set the standard of living (4). The best example of an authoritarian monarchy is the Ottoman Empire of Turkey. The Ottoman Empire (as I believe) was organized around social control, not a democratic regime.
6]. Democracy in any such democracy must accept and follow strict rules. When the rule of law becomes a means for the preservation of liberty, it makes it impossible for others to live under it either as it has become an ideal or because of it