What is a difference between capitalism, socialism, and communism? What are the pros and cons between those three? What happens if you mix capitalism and socialism together? Explain in best details please and i will give u a best answer if you give a magnificent constructive answers for it. Explain to me what kind of good benefits from each.
Communism first. As described by Karl Marx in "The Communist Manifesto", the idea is to have a revolution that overthrows rich capitalists who exploit the workers and replace it with a society where everyone owns everything in common and everyone shares everything. In the ideal communist society, even money is abolished as it isn’t needed. Read Acts 2 in the bible – the early Christian community did exactly that.
BUT it never works. It can do in a small community like a kibbutz where everyone "buys into the idea", but try it in a whole country and it doesn’t. Human nature means we like to be rewarded for our work, and if you are going to get paid whether you work or not, why do you feel you should work? That’s why communist countries always end up with a shortage of food. The Soviet Union only lasted as long as it did because there was so much bribery and corruption that it was capitalist "behind the scenes". The other thing is that communism leaves it so wide open for power-mad people to become a dictatorship, and that’s what always happens in practice. So you end up with a country with shortages of everything, the people find out it’s better in another country, so they want to leave – and to stop them, the government forbids them to leave the country and tries to stop them listening to foreign radio and TV. To be honest, Karl Marx would have been totally horrified if he had lived to see what the Soviet Union, China and North Korea were like. My favourite quote on this is from Frank Zappa – "communism doesn’t work because people like to own stuff". I really couldn’t say it any better. Nor can I think of any benefits – all this gave rise to the Berlin Wall, and the most emotional experience of my life was visiting the Checkpoint Charlie museum in Berlin and the memorial in Berlin to Peter Fechter. He was an East German boy aged 18 who tried to escape across the wall and was shot to death for it. The memorial says "… er wollte nur die Freiheit", which means, "…he only wanted freedom". If you have the chance to go to Germany one day, do. I love the place and can only have total respect for a people who have lived through two World Wars, been defeated in both, then communism in the eastern part, and somehow still manage to be the strongest country in Europe.
Capitalism is the complete opposite – we all work for ourselves and to make money. Do well, and you get promoted. Do really well and you could have a successful company of your own. OK it means some are a lot richer than others but that’s just life.
Socialism is somewhere in the middle. The real definition of socialism is "social ownership of major industries for the good of the people". Some people confuse this with a "welfare state" but that is misleading, though it is true that the two often go together. I’m British and I remember when we were socialist – basically capitalist, but oil, gas, electricity, telephones, the national airline, the steel industry, the shipbuilding industry, the railways, and many more were owned by the government. Socialists argue amongst themselves as to how far socialism should go so it’s hard to define.
What happens if you mix capitalism and socialism together is you get Britain! We are capitalist but have a nagging feeling that we want to do our best for the people who are poorest as it just seems the civilised way. It’s a hard balancing act – too much social security encourages people to be lazy, but it seems only right to support people who really can’t work.
