Capitalism vs Communism pros and cons please?
My boss says that the capitalist system allows the physically weak or disabled to amass fortunes 1000x greater than what they could under a Communist workers state. He says that they would probably die in poverty and loneliness if they could not contribute to the state.
He says that the capitalist system allows people the freedom to choose and do as they see fit. He said after reading many books about the theory of capitalism he quit his job and started his own company. He also speaks fondly of Fascism is he a crazy young man who has much to learn about tolerance and Marx?
What system is superior?
Comments
What we have to work and fight for, we treasure; what we are given freely, has no value to us, the same as the rich. If I am guaranteed a job, I have no incentive to work hard, to be diligent, the same as the rich. If I am given food and clothes, the drive to better myself is GONE, the same as the rich. Why should I work my butt off? I have everything I need, the same as the rich. The Capitalists believe, though its now tempered, that everyone benefits when each one gets the return from his own labors, unlike the rich.
permit's first start up by asserting that the two Capitalism AND Communism look super on paper - in spite of the incontrovertible fact that, neither are able to incredibly engaged on their very own. execs of Capitalism: a million) Very efficient at becoming wealth 2) many times solid at conserving unemployment low 3) delivers a competent deal of mobility to every person (undergo in concepts the be conscious "every person") Cons of Capitalism: a million) no longer efficient at equitably spreading wealth into the arms of the various 2) regardless of severe ranges of employment, that employment isn't gainful 3) It delivers a competent deal of mobility for every person, yet no longer everybody. It calls for a extensive base of low-paid workers with a view to maintain fees low. As such, there is often going to be an entire phase of a capitalistic society that can't fairly replace their station execs of Communism: a million) Very solid concentration on preparation 2) a lot greater equitable share of wealth to the various 3) no one fairly has to circulate with out needs Cons of Communism: a million) Low resistance to alter of the device 2) no longer able to producing the uncooked wealth necessary to maintain a rustic shifting forward 3) greater problematical for individuals to be waiting to attend to to pay for and acquire luxury products some thing else to think of roughly, now: some thing all prosperous, prosperous international locations have in straightforward is they prepare a mix of Capitalism and Communism. they have a tendency to permit unfastened marketplace concepts whilst redistributing a lot-necessary supplies to the undesirable. Why is this efficient? It aids the undesirable that Capitalism necessitates whilst permitting a great deal of wealth to be created and pursued.