Capitalism-Communism


Communist vs. Capitalist Andrew Carnegie's The Gospel of Wealth describes a capitalist society in which each man works for himself in the race for independent wealth. In this caste society, progress is defined as the continual accumulation of material wealth. An individual's organizational skills lead to his success; his success acquires wealth, which in turn provides higher social status than his working class counterparts. Carnegie defines progress as material gain. He claims that over the years, wealth has been accumulated slowly through generations. Does this accumulation of wealth truly define progress? Does this definition of a capitalistic society include all members of the society? ...

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other than themselves. By forcing the working class to work at lower wages, the wealthy will benefit because their costs are minimized. However, while the wealthy continue to enjoy higher paychecks, the workers continue to watch their own paychecks diminish. Therefore, the gap between the rich and poor is only growing wider. Thus, we have class conflict. Karl Marx and Freidrich Engels rationalize a society in which each man works for the well being of the group instead of personal gain. The existence of the group is improved because of a group effort to achieve a higher quality of living. This idea of Communism also includes the abolition of class conflict: the wealthy Bourgeoisie versus the working class Proletariat. The communists believe that the proletariat will eventually overthrow the bourgeoisie and achieve a classless society where "the free development of each is the condition for the free development of all." In contrast to the capitalist society, the state regulates each ...

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PAPER DETAILS
Added: 1/13/2004 12:54:59 AM
Category: Political Science
Type: Premium Paper
Words: 437
Pages: 2

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