The Failure Of Communism And Communism - 965 Words

Joel Boyd S.A. Middleton HIST-130.10 22 April 2015 1. Discuss the seeming failure of communism and other forms of socialism and the apparent triumph of capitalism in the 1990s, as well as considering capitalism’s possible benefits and debits in the early twenty-first century. Capitalism and Communism have both been put forth as the best models for modern enlightened societies. Each philosophy contains both desirable and undesirable elements within its framework. Communism is based on a firm belief that fiscal and social equality is the path to an ideal utopian society. Capitalism is based on the principle of individuality, and the exercise of individual rights, freedom, and the liberty to pursue advancement in a competitive free market. Each has shown its strengths and weaknesses. Over the course of time however only one has emerged successfully in the early 21st century, though not without its own egregious faults. Communism has its roots in the philosophy of Marx and Engels. In their â€Å"Communist Manifesto† published in 1848, they laid out the principles of communist society. In Communist society, no private ownership of property is allowed. Property should be shared among the people and likewise the economy. Through economic and social equality, the hope was that individuals would work for the common good of society, and leave the desire for advancement, power and authority behind. Ideal systems do not exist in nature. That statement stands alone as a pillarShow MoreRelatedEssay on The Failure of Communism1655 Words   |  7 PagesThe failure of communism Communist had a long history during the 20th century, and communism was very influential. Almost all of Asia and East Europe became Communist. From the start of the theory then many civil wars in Russia affected the whole world. 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