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  • Essay / Essay on Communism and Socialism - 1432

    Communism versus Socialism: An IntroductionCommunismCommunism is an economic system. As an ideology, communism focuses on a classless society in which all members share means and production equally. Communism says that the means of production and distribution must be under the control of the government. There is no concept of private property and wealth in communist society. Its main goal is classless society. Karl Marx is the father of communism. Marx explained the economic system of communism. Karl Marx and Friedrich Engels wrote The Communist Manifesto in 1848. This book was based on the fundamental ideas of communism. Karl Marx, Fredrich Engels, Vladimir Lenin, Leon Trotsky had proposed an idea of ​​communism. Socialism. Socialism means income equality and nothing else. Socialism is a type of economic system in which the means of production and distribution must be in the hands of the citizens. Socialism does not make society classless, because class differences are reduced but not eliminated. Its objective is to socialize the means of production, distribution and exchange. Socialists believe that land and capital should belong to everyone, but not to a few wealthy classes. Socialism would guarantee economic equality for all. Socialism is an equalizer and a leveler. Socialism eliminates forms of antisocial competition, because competition is unfair and leads to waste. In socialism, all factors of production must be used by the people and for the people. Socialism is a social theory based on the idea that governments should own and control a nation's resources rather than individuals. Socialists believe that all human beings are social by nature and that society should own its property, not individuals. The main proponents of communist violence and revolution are uncivilized. Civilized people cannot approve of them. In socialism, the state cannot manage businesses because people will not be as interested in work as in private enterprise. Production can be reduced to poverty level. In socialism, there is a risk of corruption and personal malice, because socialism means authoritarianism and bureaucracy on a larger scale. Conclusion Both ideologies were created for the benefit of society. Socialism and communism also focus on protecting the common man. Both principles still focus on centralized organization where goods and services are produced, owned and controlled by people. A healthy communist system results in a classless and cooperative society. In socialism, all members of the economy share profits and are free to retain ownership..