View more questions. Meet our experts. Ask a question. If so, why not Does communism work? If so, why not? Communism is a political, social, philosophical, and economic doctrine aiming to replace private property profit-based economy with common ownership of major means of production. Communism aims to diminish the two classes of society — the working class and the capitalist class — so that the capitalist class will no longer profit from the working class.
Communism goes against many western principles; therefore, Communism is rejected by most western countries. Communism's state-controlled economy and totalitarian government are greatly opposed by the capitalist, democratic nations in Europe , the Americas, and worldwide.
What are the significant differences between Capitalism and Communism? What are the characteristics of communist countries?
Are there currently any communist countries in the world? Capitalism is an economic system involving free trade and industry that is own and controlled by individuals to make a profit.
Wealth distribution depends on the individual, as every person needs to work for themselves to generate wealth, which allows for class distinction and the profit of enterprises to be enjoyed by the owner s. Unlike Capitalism, Communism does not allow private ownership of trade or industry, and everything has common ownership.
Wealth is distributed as per needs and ability and allows for an egalitarian system all people are equal and deserve equal rights and opportunities. All profits earned by the enterprise are distributed among all the people, unlike Capitalism, where it is enjoyed by the owner only. While Capitalism has a democratic system of government with little government interference, Communism has a totalitarian government with high government involvement. This is one of the main reasons why western countries see Communism as a threat.
A Communist country is a nation that is governed by a single party, and the foundation of the ruling leaders' decisions is based on the philosophies of Marx and Lenin. To fully understand the basis of Communism, it helps to learn more about Marx and Lenin, both philosophers of the nineteenth and twentieth centuries. Karl Marx was born on May 5, Born in Germany , Marx grew up to become a philosopher who based his beliefs on economics, history, journalism, political theory, revolutions, and sociology.
He established a way of thinking known as Marxism. Essentially at its core, Marxism advocates for the working class of an economy.
It zeroes in on the differences between classes and how that impacts the functioning of a society. The theory views Capitalism as the source of many problems, and Marxism is in direct conflict with capitalistic societies. Marxism views Capitalism as the cause of lower wages, heightened selfish behaviors, and greed surrounding wealth, as well as the ever-present emphasis on productivity in capitalistic societies.
Through Marxism's lens, the political agenda that Communism promotes is seen as a form of socialism. The two phases of Communism, as identified by Marx, explain how Communism unfolds and then becomes regularly practiced in a country.
Marx conveyed that countries have to understand Capitalism before moving onto the elevated state that socialism provides. In western democratic and capitalist societies, the price mechanism is a fundamental operator in allocating resources. The laws of demand and supply interact, the price of goods and services send signals to producers and consumers alike to determine what goods and quantities are produced, and helps determine what the future demands and quantities will be.
The law of demand states that the higher the price of a good or service, the less the amount of that good or service will be consumed. In other words, the quantity of a good or service demanded, rises when the price falls and falls when the price increases.
Communism ideology supports widespread universal social welfare, including improvements in public health and education. Theoretically, there are many benefits that can be achieved through a communist society. Communist ideology supports widespread universal social welfare. Improvements in public health and education, provision of child care, provision of state-directed social services, and provision of social benefits will, theoretically, help to raise labor productivity and advance a society in its development.
Communist ideology advocates universal education with a focus on developing the proletariat with knowledge, class consciousness, and historical understanding. Communism supports the emancipation of women and the ending of their exploitation. Businesses under Communist system have very strict limitations as to what they can and cannot do, which can hamper productivity and innovation. Summarize how the strict rules placed on businesses in a communist economic system can lead to social unrest.
The economic and political system of Communism effectively dictates what can and cannot be done in the realm of business. There are defined limitations for the amount a business can produce and how much money it can earn.
In addition to directly controlling the means of production, Communism places strict rules as to how businesses operate in such a way that a classless society is born. No matter what field a business specializes in, the same amount of funds will be allocated to each, and each worker will receive the same amount of money.
This can cause emotional unrest between workers who wish to be specially recognized for their work. It can serve to create uncomfortable conditions for workers in a society without rank or varying specialty. The U. The Kremlin : Only the government has a say in production planning under a Communist system.
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