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- Joseph Schumpeter
Societies have developed different economic systems for many reasons. Some of
and Communism are two totally different economic systems. Capitalism is an economic
system characterized by freedom of market. Each person also has individual freedom
with lack of government interference, also people have the freedom to choose what they
want and when they want. On the other hand, not everybody will have job and the
government will not help him or her to find one. If you have a job, everyone will be
getting paid the same amount of money as you do. It all depends on what you do, whom
you work for, and how long you decide to work. Unlike in communist economies people
have the ability to leave jobs and move on to others. Another major benefit of capitalism
is private property, the concept that people have the right and privilege to control their
possessions as they wish. In a capitalist economy the role of government reflect the
desire and goals of its citizens. Communism has many drastic chances at a time, but
has been able to overcome them. The bad things about communism is that everybody
has a job, but no matter how much you work or whom you work for, you will always be
getting paid the same amount of money as everyone else. Another bad thing about
communism is that consumers will not always get what they want because the
government decides on what you will buy. When you go to the store, you have a choice
Few years ago my country was staying edge of the time when countries need
reconstruction. A country economic activity was strictly ruled by the central government,
private property was almost absent and personal freedoms were strongly restricted.
start businesses and propel the engine of economic growth. It was period when people
start meeting and some of the group leaders had a long speech about how hard is to
live in communism. All this processes announce government to civil war. And
government realized if they don't do anything to make some changes for all of this
people it will cause chaos and catastrophe in country. And also it turned out to be.
Demanding of people formed new government which supported the country's economic
Before i explain what we need to achieve our goals. I should talk little more about
why communism doesn't work. Communism kill the 'will' to work, competition, innovation
communism is a hope for an imagined political and economic existence outside the
bounds of human nature and reality.When leaders of the Russian Revolution conceived
of their communist dream, they imagined a heaven on earth where human needs were
eliminated and personal wants were fulfilled. The experiment with communism in the
20th century ended in tyranny, bloodshed and horror. Communism doesnt work
because it is un-human. In communism there is no such thing as private property. If you
owned land, a farm or farm animals, those became the property of "the people"...or
rather the state. To add insult to injury, they forced you to work those fields and feed the
animals they took away from you. Also, practicing religion was forbidden although many
older people did it anyway in their homes. Also corruption is so high that you can't even
achieve some of the most simple things without a bribe. Yes, Capitalism is better than
communism. While humans are basically good, they are also basically greedy. In a
capitalist society, there are greater opportunities to fulfill this natural ambition. In
communism on the other hand, this basic greed is not harnessed, but is to the detriment
of the people. Basically, capitalism takes the bad greed, and uses it with minimum harm
to others. Here are so many more advantages for being a capitalist than being a
communist .You get better working conditions and more freedom in communism there
will be no religion and there will be the same economic classes. However, people need
to work for their money. You need to give more to the people who work harder. When
people work hard they get more. When people don't work they don't get anything.It is
better to live in a capitalist society where people are allowed to have their own money
(with relatively little taxation) and the option to pay for their own necessities, than it is to
live in a socialist society where the government takes half of everyone's earnings to pay
for everyone to live in poverty. Capitalism allows political freedom, economic growth,
and entrepreneurship.
The purpose here is not to define capitalism or argue its virtues over other
economic theories Capitalism has become the dominant economic system in the world
today. The great communist regimes such as the USSR and China have begun to adopt
capitalist systems.