Capitalism and Communism Capitalism and Communism are two very different types of government used to some extent today. Capitalism is based on a free market, individual investments and decisions, and making money. Capitalists own capital, means of production, of companies and benefit from others’ labor. Communism is based on liberating the conditions of the proletariat, or lower class. Communism uses communal ownership and has a hope of better economical equality. Communists want to spread the wealth more evenly throughout the people. Carl Marx started the idea of Capitalism, or Socialism, during the Industrial Revolution. He witnessed the horrible conditions the proletariats were living under, and how wealthy the factory --owning bourgeoisie were becoming. He wanted to create a more fair system. However, it....

Number Of Pages: 2

Number Of Words: 472

Got a term paper due soon and need some help quick? You have come to the right place. Essay Galaxy has over 50,000 essays, papers, and reports available for download right now! Get ideas from thousands students just like you to help make that essay perfect. Don't hesitate. Join today and get instant access to our enormous database.

Membership Options Price Savings   1 month subscription    $19.95 recurring * 3 months subscription    $39.95 recurring $19.90 6 months subscription    $69.95 non-recurring $49.75