Communism vs captalism
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This document compares and contrasts communism and capitalism. Communism advocates for equal distribution of wealth and social status among citizens, with no private property and a single-party system. Examples given are China, North Korea, and Cuba. Capitalism is based on private ownership and competition in a free market system. It puts power in the hands of citizens rather than a centralized government. Examples of capitalist systems are the United States and Germany. While both systems have positives like equality (communism) and democracy (capitalism), they also have criticisms such as lack of democracy and individual incentive under communism, and wealth inequality under capitalism.
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2) Rulers are not concerned with limiting population growth that could threaten their rule. However, as colonies gained independence, rulers feared a rise in "costly" partial subjects seeking rights.
3) One day, according to Marxism, wealthy countries may need to organize deliveries of goods to growing poorer populations, dramatically changing global power dynamics with wealthy peoples becoming smaller minorities.
Adam smith and modern economics
Adam Smith believed that free markets and limited government intervention were ideal for economic growth. He argued that when individuals freely pursue their own self-interest in a free market system, it leads to the greatest benefit for society through mechanisms like specialization and the division of labor. While self-interest motivates individuals, Smith believed the invisible hand of the market harmonizes individual interests for the good of all. Government should primarily provide security, justice, and public works to enable a free market but otherwise not interfere.
Capitalism
The document discusses capitalism from several perspectives. It begins with an introduction to capitalism and its key principles of private ownership, profit, and voluntary exchange. It then provides a historical overview of capitalism from its pre-history through modern eras like mercantilism, industrialization, and globalization. The document also examines different types of capitalism like free market capitalism and state capitalism. It outlines both advocacy for capitalism's ability to drive economic growth and self-organization, as well as criticisms around inequality and unfair distribution of wealth and power.
Communism_Marxism PowerPoint.ppt
Communism
- is a political, social, and economic ideology that advocates the replacement of private ownership and profit-based economies with a classless economic system under which the means of production, such as buildings, machinery, tools, and labor, are communally owned, with private ownership of property either prohibited or severely limited by the state.
Marx believed that history could be explained through class struggle
Marx was convinced that history would pass through certain phases (I.E. Feudalism, Capitalism, Socialism) until finally a Communist society would emerge. The idea of communism as a philosophy of government or society is predominantly based on the ideas of Karl Marx. It shares its ideals with Marxism or socialism. Given below are a few characteristics of the ideology:-
Capitalism and Communism: And their Comparison
To analyze the scope of communist and capitalist counties. Countries belong to them. Their History and the pillars of Communism and Capitalisms'.
Lecture no. 6 marxism
This document provides an overview of Marxism, socialism, and communism. It discusses Karl Marx and his theories, including that societies progress through modes of production from feudalism to capitalism and eventually to communism. Marx believed that under capitalism, the bourgeoisie exploit the proletariat and appropriates the surplus value generated by workers. The document also defines socialism as collective ownership and control of the means of production, and communism as a classless, stateless, and moneyless society where people work and are paid equally. It discusses Lenin's contribution of establishing the communist party and state in the USSR.
Philosophy of man 12
Karl Marx was a 19th century philosopher who developed theories about capitalism and communism. He believed that capitalism exploited workers and predicted it would be overthrown by the working class. Marx outlined the stages of societal development from primitive communism to capitalism to socialism and finally communism. Under communism, the government would own all property and resources equally distributed. However, applying communism proved difficult and often led to authoritarian governments with lack of individual economic freedom. While Marx's critique of capitalism raised important issues, real-world communist states struggled to achieve the classless, stateless society he envisioned.
Communism
Communism and capitalism are opposing economic systems that emerged as dominant ideologies during the Cold War. Communism is defined as a classless, stateless social organization based on common ownership, while capitalism is based on mostly private ownership and investment for profit. Key figures that influenced these systems include Adam Smith, who advocated for natural liberty and laissez-faire economics, and Karl Marx, who predicted that capitalism would be overthrown through proletariat revolution and communism would emerge. The Cold War was characterized by tensions between capitalist United States and communist Soviet Union, and nearly escalated to nuclear war during the Cuban Missile Crisis. Criticisms of communism include that it led to over 50 million deaths and failed to account for human
Capitalism,socialism and communism.pptx
This document outlines the key differences between capitalism, socialism, and communism. Capitalism is based on private ownership and laissez-faire markets, while communism believes in collective ownership and a planned economy with no private property. Socialism is presented as a transition stage between capitalism and communism, where workers take control of the country and its resources. The document then describes Marx's five stages of societal evolution from primitive communism to advanced communism, where boundaries cease and all work to benefit each other.
IR-Isms
The document discusses various philosophies that emerged in reaction to the social and economic strains of the Industrial Revolution, including Malthus's theory of population growth outpacing food supply, David Ricardo's "Iron Law of Wages," and the development of socialism and communism as described by thinkers such as Marx, Engels, Smith, and others. It contrasts the key beliefs and perspectives of capitalism versus communism.
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Communism vs captalism
- 2. COMMUNISM Economic system where wealth is distributed evenly (in theory) Opposite of Capitalism Idea is to give all citizens equal wealth and social status There is no difference between citizens Examples: China, North Korea, Cuba
- 3. HISTORY o Actually firstly started in France…Communism refers to‘ Marxism–Leninism' refers to an ideology developed and propagated by by Joseph Stalin • o Run under single-party rule, in contradiction to Marxism's dictatorship of the proletariat, which is a democratic state form. o Karl Marx and Friedrich Engels was founder of communism
- 4. FEATURES o ONE PARTY SYSTEM o EQUALITY
- 5. NEGATIVES OF COMMUNISM • Tend to be undemocratic • Benefits only a few at the expense of the majority of citizens • Power is in the hands of few people (Gov’t leaders) • Centralized government- controls everything • Most communist countries are struggling and unsuccessful • Citizens receive the same pay no matter how hard they work= less effort from employees
- 6. CAPITALISM Economic system where people compete to make money Considered a “free market/ free enterprise” Based on supply and demand Opposite of Communism Power is in the hands of citizens Examples: United States, Germany
- 7. HISTORY • Capitalist is derived from capital, which evolved from capitale, a late Latin word based on caput, meaning "head" —in the sense of movable property. • • The essential feature of capitalism is the investment of money in order to make a profit. In a capitalist economic system capital assets can be owned and controlled by private persons, labor is purchased for money wages. • • Founder of capitalism.(Adam smith)
- 8. FEATURES o DEMOCRACY o ROLE OF GOVERNMENT o MARKET
- 9. NEGATIVES OF CAPITALISM Capitalism creates unequal social classes based on wealth The majority of business owners end up gaining the most wealth while the work is done by regular citizens Gap between the rich and the poor Believed to create strife between workers and factory owners
- 10. CONCLUSION World is moving, towards liberalization and faster growth and hence promoting Capitalism Their, has been subsequent decrease in fascist and communist government all over the world World is getting richer ,but wide gap between rich and poor.
- 11. THANK YOU