Hi dear Steemian!, In this post I am going to talk about communism and capitalism...
First: What is communism and capitalism?
*Communism:
Communism is a similar concept, in that ownership of land, capital and industry can not be owned or controlled by the individual. However, under Communism the control of these things is not by a local community but by the State Government. Under this system the government has total control of everything produced and control what is made, and who will receive the goods and services produced. Under this system you are not allowed to own your own home, your own car, your own furniture, or even the food you eat. The State decides what you can use and where you will work. You have few if any rights.
*Capitalism:
Under Capitalism, individuals own and control land, capital, and production of industry. Individuals are free to purchase and own their own homes, cars, furniture, and other goods such as TV, radios, computers, boats, or any thing else you might want. You have total freedom to live where you want and what type of job field you want to pursue. If you have an idea for a new business or invention, you are free to pursue this without government interference. Under this system you have the maximum number of choices in life. This is the 'pursuit of happiness' from the Declaration of Independence.
*Differences between Capitalism and Communism
I. Capitalism
• System of government is democratic
• Property is privately owned
• Driven by free enterprise
• Wealth distributed unevenly
• Education and health care provided by private entities
• Freedom of the press
• Class distinctions: upper class, middle class and working class
• Focus is on the individual and his/her own progress in life
II. Communism
• System of government is totalitarian
• Property is owned by the state
• No free enterprise is allowed
• Wealth distributed equally
• Education and health care provided by the state
• Press controlled and owned by the state
• Classless society: all members of society are considered to be equal
• Focus is on the progress of the community as a whole
*Why Socialism or Communism don't work?.
If you don't own it, your not going to work or take care of it.
Under true Socialism or Communism, Steve Jobs could not have brought the parts for his prototype computer. If he knew that his hard work, would never allow him to make more money then his neighbor who spends his time watching mindless TV shows, why would he even bother to waste his time trying to invent something new and useful. Why not take it easy? Everybody else does. In Germany and France, union employees get months of paid vacation time. Take it easy, you'll get paid!
Socialism and Communism kill the 'will' to work, competition, innovation and creativity. Why compete to work? You won't make any more money. Why spend time innovating new ideas, or being creative, there won't be anything in it for me. As a result they fail to provide goods and services for their citizens. The Soviet Eastern Communist countries of the 20th century were noted for not having much goods and services for their citizens. Yet, the ruling class always had plenty of everything, and it was usually imported from capitalist countries. While we have rich people in America, we also have a large middle class, that live comfortable lives. Even many if not most poor people in America have refrigerators, TVs, and food on the table.
So, What Do You Thing About It?