Communism And Communism Case Study

2056 Words 9 Pages
Communism is a political theory that was started by Karl Marx and he was campaigning for class war which was to promote a society that all property is publicly owned. Communists believe that inequality and suffering results from capitalism. This is because for capitalists private businesses own most factories and other resources called the “means of production” and according to them such owners are able to use workers who are forced to sell their labor for wages. A communist state is therefore a state that is characterized by single party rule or a dominant party system by a party which claims to follow communism and is in charge of controlling the economy. In a communist state the communist party is the main governor in the society and other parties function alongside the communist party. The communist party …show more content…
A large part of the Chinese economy is still controlled by the government although the government programs have declined. An example is the healthcare ministry which has stopped general health care. The foreign policy is still pro- socialist but it has been able to become a free market economy. China transitioned to a socialist market economy from a socialist economy and this is because the ruling party which is the communist party realized that China would be at a disadvantage if they isolated it from the world. According to Yueh, L.,(2010)they have been able to maintain their economic growth rate because they have been able to balance communism and capitalism. The policies allow entrepreneurs and investors to take profits but the states control them. From 2004 the government allowed the citizens to have the right to own private property. They have also established a special economic growth and they have joined international trade which has fastened the economic

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