Posts

Showing posts from December, 2017

Capitalism vs Communism in The Cold War

Image
This is a heated debate between capitalism and communism, this controversial topic has been going on ever since the beginning of the cold war in 1949. But first we have to examine the differences the two. Capitalism is "Capitalism is an economic system and an ideology based on private ownership of the means of production and their operation for profit." This displays that this government grows with the help of the people and their contributions to the government by playing their role to increase the revenue of themselves and the government. Communism is "a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs." This shows that people in a communist country are demanded by the government for all of their things. Basically everyone is equal in this society which will cause many problems in the country. This further int