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| A socialist economy is a command economy where the government is controls all means of production and the lives of the workers motivated by extreme quota's and propaganda. All workers, the proletariat, are treated equally and recieve equal pay. No one is allowed to own land or profit from outside sources. The government recieves all money and distributes it equally among all proletariats and the leaders. | A capitalist economy grows of the idea of free interprise and the profit based motivation. There should be a job or a need for every person and a demand for everything and producers make enough to quench the thirst of the buyers, thus no inflation. Stocks are sold and bought as people become weathly or digress in age. Money is present and consumers are driven to buy things to flatter themselves. The government is run by money taken from the consumer's and the producer's profit. |
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| The corruption in the Communist government allow for certain powerful people to benefit from the work of others. The wealthy prevail and are able to manipulate corrupt leaders getting what ever they want. The arts and and self expression are crushed under "big brother," or maniacal, narsiscistic leaders fearing any challenge of their power. Quotas never work and all workers have a low moral leading to revolutionary ideas. The money recieved is never enough to supply properly the needs of the people. | As people's confidence in the economy rises and falls the inflation increases and decreases and consumers buy more or less. This causes fluctuations in the economy called ressesions (bad) and surplus (good). Depressions can occour where the consumers withdrawl all money in the government and keep all the money is secure places. Unemployment can occour and crime can be high for the non-successful. |
So although each ecomomy has profit and beneficial ideas, they all fall short of what the could be in an ideal society. Although neither is perfect the world of capitalism is much more profitable. GO CAPITALISM!
