During the late 19th century there were many socio-political systems for industrial laborers to ponder, including Marxist Socialism, Revisionists Socialism, Capitalism, and Anarchism. Marxist Socialism is a system in which workers were paid according to their work performed, ownership and operation by the state of all means of production, distribution, and exchange. Private property would be eliminated along with the working class, bringing about a classless society. Revisionist Socialism aimed at making improvements in pure socialism through the means of voting. Capitalism is the social system based upon private ownership of the means of production, which entails a completely uncontrolled and unregulated economy where all land is privately owned. To decide on which socio-political system I agree with, I must compare the similarities and differences between them.
             The main differences between Marxist Socialism and Capitalism deal with the ownership of property and production. In Marxist Socialism, everything is owned and controlled by the state. However, in Capitalism private ownership and control is emphasized. Marx criticized Capitalism because workers were denied their rightful share of the profits. He also argued that the value of manufactured goods was determined by the work needed to produce it, yet workers were paid wages less than the value of the manufactured products. Under socialism, workers would be paid according to the work they performed. In a Capitalist society the individual is more important than the state. However, in a Socialist society individuals are less important than the state. These two systems are complete opposites; there are no similarities.
             Pure Socialism and Revisionist Socialism are very similar with a few key differences. The basic theory of both systems is the same, with state control of the means of production and the elimination of private property. Pure Socialists believe that Capitalism shoul...