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Capitalism vs Communism
1. CAPITALISM VS COMMUNISM- COMPARATIVE CHART.
CAPITALISM COMMUNISM
ECONOMIC
SYSTEM
Individuals work hard to
earn money and keep it
themselves. As a result,
there are extremes of
rich and poor. There is
no balance.
Industry and agriculture
are owned by private
individuals and
companies, not owned
by the Government.
The idea of “production
for profit”.
All the wealth is divided
up and shared out by the
Government.
Industry and agriculture
are owned by the state
(Government). All the
profits are equally
shared. There are
usually very poor or very
rich.
The idea of “production
for use”.
SOCIAL
FREEDOM
Lot of freedom, speech,
religion, movement, etc.
Different social classes,
difference between
social classes.
Limited freedom.
Government interfere or
restrict job choice.
People cannot protest
against the Government.
No difference between
citizens. Equal social
status.
POLITICAL
SYSTEM
Democracy: “everyone
has a say”. The
Government is elected
by the free elections.
People are free to
choose the leader they
think best.
More than one political
party.
Individual’s rights are
generally guaranteed.
Totalistarism: there are
no free elections. People
are not able to choose
the leader. It is led by one
party. “People do not
have a say”.
One party state.
Individual rights are
generally restricted.
Democracy: It is the opposite of Dictatorship and Tyranny. It focuses on
opportunities for the people to be able to choose their leaders typically by voting
to elect the representatives to a Parliament (rule of the majority)
Totalitarism: It is a centralized Government that does not tolerate parties of
differing opinions. It exercises dictatorial control over many aspects of life, such
as freedom, wills, thought of other people, etc.