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Capitalist vs. Communist. “Fascism is nothing but capitalist reaction .” Leon Trotsky. Definition. cap·i·tal·ism noun ˈ ka-pə-tə -ˌ liz-əm , ˈ kap - tə -,
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Capitalist vs. Communist “Fascism is nothing but capitalist reaction.”Leon Trotsky
Definition cap·i·tal·ism noun \ˈka-pə-tə-ˌliz-əm, ˈkap-tə-, : a way of organizing an economy so that the things that are used to make and transport products (such as land, oil, factories, ships, etc.) are owned by individual people and companies rather than by the government
Definition com·mu·nism noun \ˈkäm-yə-ˌni-zəm, -yü-\ : a way of organizing a society in which the government owns the things that are used to make and transport products (such as land, oil, factories, ships, etc.) and there is no privately owned property
Comparison Communism With capitalism, growth depends on private enterprise. Private interests, hard work and the prosperity that each Enterprise attains, brings well being for the individuals who work in it. With Communism, the state takes over the productive apparatus of the country, which is supposed to bring equal prosperity to the whole population regardless of how hard each individual works or merits. Capitalism
Continued… • Since such conditions become completely dependent on the decisions of the state, such system renders production completely inefficient, and power and prosperity becomes the right of a much smaller group of individuals than in capitalism. The rest truly starve and remain oppressed and trapped in a productive-less vicious cycle with no legal way out . As a result a major difference between a Capitalist and a Communist system is that in capitalism there is freedom of speech, while in a communist way of life the very nature of the system does not allow freedom of discerning.