It is clear to see that capitalism if failing societies all around the globe. In a modern world it is clear to see the ultimate failures of capitalism have lead to many global inequalities and injustices. In this essay I am going to investigate whether communism is a feasible alternative to capitalism, and if so what are the complications of using communism to fix the failures of the capitalism such as the growing divisions in class and wealth inequality.
The historical context of communism can be traced back to Karl Marx’s work in the 1840’s with the development of his ideas it spread globally as a fierce rival of capitalism. In 1848 Mark and Engels wrote and published “the communist manifesto” “They desired to end capitalism feeling that it was the social class system that led to the exploitation of workers.” From this source its clear to see that the main aim for communism is to achieve ultimate equality, if achieved communism has the potential to be the most democratic system of governance. However, it can be argued that communism has never truly been achieved in any country due to authoritarian rule and if it hasn’t been achieved yet it may not in reality be feasible to replace any system including capitalism. …show more content…
in Communism, “the community 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.” So if we are to question whether it is feasible for communism to replace capitalism we have to understand that in reality it wouldn’t be feasible as the majority of the societies living in neo liberal governments are not equal. Examples of this can be seen in liberal principles such as the right to own property giving an unequal advantage focusing more on freedom rather then
The historical context of communism can be traced back to Karl Marx’s work in the 1840’s with the development of his ideas it spread globally as a fierce rival of capitalism. In 1848 Mark and Engels wrote and published “the communist manifesto” “They desired to end capitalism feeling that it was the social class system that led to the exploitation of workers.” From this source its clear to see that the main aim for communism is to achieve ultimate equality, if achieved communism has the potential to be the most democratic system of governance. However, it can be argued that communism has never truly been achieved in any country due to authoritarian rule and if it hasn’t been achieved yet it may not in reality be feasible to replace any system including capitalism. …show more content…
in Communism, “the community 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.” So if we are to question whether it is feasible for communism to replace capitalism we have to understand that in reality it wouldn’t be feasible as the majority of the societies living in neo liberal governments are not equal. Examples of this can be seen in liberal principles such as the right to own property giving an unequal advantage focusing more on freedom rather then