Capitalism and Communism are both economic systems that are still being used today. Although there are pros to both economic systems, there are also cons to both as well. Capitalism is still used in America today while Communism is used in North Korea. Even though these two systems are very different they still meet the needs of people that use them, but they do so in completely different ways and methods. In the economic system of Capitalism, there is no interference by the government. “The only safe rule is found in the self-adjusting meter of supply and demand.” (Ralph Waldo Emerson, Doc 2) Capitalism advocated the liberation of economic production from the limiting regulation of the government so that it can benefit the people. The people
