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Capitalism vs Communism

Capitalism and Communism are two totally different economic systems. Capitalism is a much better economic system than Communism. Capitalism is an economic system characterized by freedom of the market and is the economic system where you do not have freedom because the government will make most of your decisions for you. Capitalism has many pros to go along with its economy. The government will change gradually, but is able to adjust to it with ease. Each person also has individual freedom with lack of government interference. We also have the freedom to choose what we want and when we want it. On the other hand, not everybody will have a job, and the government will not help him or her find one. If you do have a job, everyone will be


Because of this, you can not always get what you want which is why communism is not a good economy to live in. Engels, on the other hand, wrote the book called "The Communist Manifesto", and believed strongly in communism. In a communist economy, you can work as much as or as little you want, but you will still get paid the same amount of money as everyone else. In our economy, you must work to make money. Why would you want to work so hard if you were going to make the same amount of money? If you hardly ever put any effort into your work, you still would be getting paid the same as everyone else so why over should you over exert yourself. It all depends on what you do, whom you work for, and how long you decide to work. Smith, who wrote "Wealth of Nations", is known for his strong belief in capitalism. It would just be a waste of time and energy. In conclusion, capitalism is a much better economic system because you have more freedom than you would if you were a communist. The more you work, the more you will get paid and now you will be able to buy what you need, and what you want. Adam Smith and Friedrich Engels are two Philosophers who studied and wrote books about the economy. getting paid the same amount of money as you do. The bad things about communism is that everybody has a job, but no matter how much you work or whom you work for, you will always be getting paid the same amount of money as everyone else. When you go to the store, you have a choice of what you want to buy.

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