0
Preliminary: it is critical to note that communism and capitalism are not types of states, regimes, or governments. Communism and capitalism describe modes of economic organization, not political organization.
Answer: communism and capitalism are both economic modes of organization characterized by different relations of property and normative views.
In capitalism, socially-shared property is mostly held privately, interest is used from capital investment to fuel more investment, and social relations in production are mediated by wage-labour, where laborers contract out their time in return for financial compensation. Morally, capitalism (usually) combines with rights-based theories that emphasize freedom and equality of opportunity.
In communism, socially-shared property is held almost exclusively socially, usury is (usually) considered immoral, and social relations in production are mediated by open and equal individuals, since the means of living and development are provided socially. Morally, communism (usually) combines with moral theories that emphasize capacity (skill, ability, etc.) and equality of wealth.
Wiki User
∙ 7y ago
paulbenn
Communism: no classes, no money, production for use, democratic control, no countries, no wars. Capitalism: wages system, class division, production for sale, inequality, exploitation, war.
Add your answer:
Earn +20 pts
What countries have all communism capitalism and socialism?
Which countries that are under communism , socialism and capitalism
What types of economic systems exist throughout the world today?
capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy
What was Marx transistion from capitalism to communism?
Marx talked about the dictatorship of the proletariat as the transition between capitalism and Communism. This just meant the working class taking temporary control of the state and using it as part of the changeover to a classless society.
What does Bosnia practice communism socialism or capitalism?
Capitalism
Can you give an example to show the difference between Capitalism and communism?
Captilism is about only recieving what you you give to your country. while communism states that everyone is equal so everybody gets anequal reward regardless how long you work or your proffesion
What two ideologies were at the heart of the disagreements between the US and the soviet union during the cold war?
Capitalism and communism - APEX.
The ideological basis of the cold war was conflict between communism and?
capitalism
What types of economic systems exist throughout the world today?
capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy
What countries have all communism capitalism and socialism?
Which countries that are under communism , socialism and capitalism
What are the similarities and difference between communism and fascism?
Communism: a classless stateless society based on common ownership and production for use. Fascism: an authoritarian variety of capitalism, with wages system, production for sale and no democratic rights.
What was Marx transistion from capitalism to communism?
Marx talked about the dictatorship of the proletariat as the transition between capitalism and Communism. This just meant the working class taking temporary control of the state and using it as part of the changeover to a classless society.
Which economic system calls for a maximum of collective ownership?
Classical capitalism
How does socialism provide a compromise between capitalism and communism?
Socialism is not a compromise between capitalism and communism, it is a distinct economic system and mode of production. A "mixed economy" is often cited as being a compromise between socialism and capitalism, but in practice most mixed economies are interventionist capitalist economies.
What does Bosnia practice communism socialism or capitalism?
Capitalism
Did capitalism develop from communism?
No. The opposite happened. Karl Marx's critique of capitalism was what started communism.
Can you give an example to show the difference between Capitalism and communism?
Captilism is about only recieving what you you give to your country. while communism states that everyone is equal so everybody gets anequal reward regardless how long you work or your proffesion
What is difference between capitalism and communism?
Communism has no economy, as it has no money or wages or prices. A real free market probably doesn’t exist, but market economies rely on production for profit and exploitation of those who really produce the goods and services.
