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Communism vs Capitalism
Capitalism and communism are different in their political and economic ideologies. Capitalism and Communism never go together.

One of the major differences between capitalism and communism is with regard to the resources or the means of production.

In Communism, the community or society solely owns the resources or the means of production. On the other hand, in capitalism, the resources or the means of production lies with a private owner.

While the profit of any enterprise is equally shared by all the people in communism, the profit in a capitalist structure belong to the private owner only. While the private party controls the resources in capitalism, it is the society that controls the whole means of production in communism.

For Communists, the society is above individuals. But for capitalists, individual freedom is above the state or society. While capitalism is a self regulated economic system, communism is a government run economy. In capitalism, the individual has full control over production and decides on the price structure. Contrary to this, it is the society or the government that determines the price structure in communism.

Communism stands for equal sharing of work, according to the benefits and ability. But in capitalism, an individual is responsible for his works and if he wants to raise the ladder, he has to work hard.

While Communism stands for abolishing private property, Capitalism stands for private property.

Moreover, communism stands for a class less society, which doesn't see any difference between the rich and the poor. On the other hand, capitalism divides the society into rich and poor. Capitalism can be said to be the exploitation of the individual. While every one is equal in communism, there is a great divide of the class in capitalism.

Summary
1.In Communism, the community or society solely owns the resources or the means of production. On the other hand, in capitalism, the resources or the means of production lies with a private owner.
2. While the profit of any enterprise is equally shared by all the people in communism, the profit in a capitalist structure belong to the private owner only.
3.While the private party controls the resources in capitalism, it is the society that controls the whole means of production in communism.
4. For Communists, the society is above individuals. But for capitalists, individual freedom is above the state or society.
5.While Communism stands for abolishing private property, Capitalism stands for private property.

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Difference Between Communism and Capitalism

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Communism vs Capitalism Capitalism and communism are different in their political and economic ideologies. Capitalism and Communism never go together. One of the major differences between capitalism and communism is with regard to the resources or the means of production. In Communism, the community or society solely owns the resources or the means of production.

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Era Propaganda Cartoon on Capitalism & Free Enterprise

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This is a video that discusses communism vs. capitalism.

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Communism a political theory derived from Karl Marx, advocating class war and leading to society in which all property is publicly owned and each person works and is paid according to their abilities and needs. (Dictionary.com)

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Envisioned by Karl Marx, communism is the want for all means of production to be owned in common or by a higher system, rather than by individuals.
It is a society in which private property and social class do not exist. Where the government owns all things necessary to make and transport products.
The community, or the society, solely own the resources and the means of production.
In communism, the profit of any enterprise is equally shared by all the people despite their work ethic.
The society as a whole is above individual businesses or homes.
The fear and problem with this type of government is unequal pay for work. For example, if someone were to work for 4 hours on baking a cake, and another person spent 30 minutes on baking a similar cake, the pay for them would be the same, because they did the outcome, the cake, was the same.

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In 1848, Marx offered a new definition of communism by writing "The Communist Manifesto."

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In 1845 he founded Marxist Theory and published "The Condition of the Working Class in England.

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Best known for being a Marxist revolutionary, theorist, and Soviet politician.

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Cuban leader, established the 1st communist state in the Western Hemisphere after the overthrow of military dictatorship in 1959.

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Chinese President, wanted a "new era"of Chinese Politics and power.

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Capitalism is an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. (Dictionary.com)

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Communism is a system of government where its totalitarian, property is owned by the state, and education and health care provided by the state and in communism no one is either poor or rich , you all have the same wealth,, but everything is handed to you by the government and you are given what you need, not want

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in the 19th century communist philosophy began to develop in Russia. In 1917, the Bolsheviks seized power through the October revolution

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In a capitalist country, each business and person makes their individual income based off of their effort and work.
It is based upon private ownership and their operation for self profit. Capitalism is the want for private property, wage labor, and a price system.
In a capitalist economy, decision-making and investments are determined by every owner of wealth, property or production ability.
The distribution of goods and services are mainly determined by competition in goods and services markets.
A capitalist country typically has a democratic government, where there are social classes that depicts the amount of money made for people with in that social class.

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Marx and Engels both wrote and published "The Communist Manifesto". Marx and Engels thought of the proletariat as the individuals with labor power, The state would pass through a phase often thought of as a socialism, and eventually settle finally on a pure communist society. It became the dominant political philosophy of many countries across Asia, Eastern Europe, Africa and South Africa.

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Stalinism; Soviet Communist Party and state leader until 1953. Wanted Soviet boundaries despite by a largely capitalist world.

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German Sociologist, wrote "The Protestant Ethic and the Spirit of Capitalism."

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British economist, famous quote " Capitalism is a good economic, in a capitalist system, people earn money from their work."

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Scottish economist, philosopher, and author as well as a moral philosopher.

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The communist party of chins was formed in 1921 and was under Mao Zedong's control in 1927. Mao split from traditional Marxism Leninism and developed Maoism, the Chinese interpretation of communism. Mao was upset with the Soviet leader Khrushchev;s position of peaceful-coexistence between the communists and capitalists and the Maoists started a strong communist tradition, instituting the Great Leap Forward, which was made to make china a heavy industrialized society.

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GOOD
1.Basic needs are met
2.everyone would have what they needed no matter what ex. jobs, house, and health care
BAD
1. Government decides what is going to be made, who is going to make it, and who is going to get it
2. No incentives, not rewarded for being a hard worker or punished for slacking

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where money is the most important thing, and if you don't have that your not successful. in Capitalist country economy is free which means that companies are private and very little theirs very little companies from the state. Capitalism is basically where you can be free of whatever it is that's going on and more liberty to vote. Capitalism is a system of government that democratic, driven by free enterprise and property is privately owned.

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The Relatively static feudal way of life, which had endured for centuries, a primary cause if the shift away from feudalism was increased foreign trade, which led to the emergence of new class of merchant capitalist.

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GOOD
1. You can work wherever you want, you can buy whatever you want, you have freedom in choices and private ownership
2. if your successful, you can be even more successful.
BAD
1.Once your unsuccessful you can do down hill and be very unsuccessful
2. theirs a lot of bad things like war could start, starvation. Capitalism doesn't provide for those who lack skills, to keep society functioning capitalism requires gov. policies that values the family unit, Capitalism doesn't really create an equal opportunity for all.