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The difference between capitalism and communism [Market Economy]

by 지혜로운이 2023. 7. 8.
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The difference between capitalism and communism [Market Economy]

Today I'm going to write about the difference between capitalism and communism.
Keep in mind that this has to do with the economy.

 

Waht is capitalism and communism?

Capitalism Communism
· recognition of the private property system.
· price for all goods / profit-seeking.
· the commercialization of the labor.
· denial of the private property system.
· All created a market system by a socialist government.
· Labor is slavery by the government, not by goods.

Capitalism is the maintenance of an economic system in Western Europe and the United States today, while pursuing profits by pricing products produced by market economic logic, and socialism is for workers, mainly in a government like dictatorship, citizens, or workers, can only provide labor.

 

Explain the advatages of capitalism and communism

The advantages of capitalism The advantages of communism
· Wealth can be promoted through private property such as patent applications. 
· The promotion of wealth will have ownership that can be owned in various ways, such as land, buildings, and stocks that can be used for personal reasons.
· It provides job creation and opportunities through corporate development.
· Economic/technical/capital/cultural development through competition.
· All labor wages are the same, so there is no material status system.
· All humans are fair as humans because they have the same quality of life.
· Life is convenient because the country selects jobs.
· There is no big problem because the state is responsible for old age.

Now, based on the above advantages alone, the advantages of communism seem much better. Right? Don't you think so?
I don't have a job in my 20s and 30s, so I'm dying... How good is the communist system in that the state selects jobs and hires them, and the state takes responsibility for all of their retirement!!!! I want to live in a place like this without any worries

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 But, It looks like a good communist market economy... Why did they turn the state into a capitalist economy? What on earth is wrong with Russia and China?? The reason is simple. The rate of economic growth was ridiculous. I think the development of the country has lagged behind the countries that adopted capitalism, and it has fallen into a situation where it cannot be self-sufficient. A society without competition creates laziness. People who are not getting a job even now live a relaxed life because they have parents who provide them with self-sufficiency to make ends meet... That's what it's about... It's kind of a twinge...

Yes, there's an opportunity for everyone that capitalism is best for. Opportunity! Giving this opportunity is the biggest advantage of capitalism. Now, there's a lot of talk today about the gold spoon or the earth spoon. I don't deny this fact. It's about being able to see and learn a lot from birth, so the golden spoon is lucky. Only, I think so. Even if you are born as a soil spoon, let's make a lot of bronze spoon and silver spoon and die. That's how much you can make yourself have your own private property depending on what you do.

It is capitalism that can succeed through competition.

The shortcomings of capitalism and the shortcomings of communism are, of course, opposite to each other's strengths. :)

[Sources : Lazarus story blog Korea file]

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