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Marxism Vs. Capitalism - Paper

Marxism Vs. Capitalism

In reading The Communist Manifesto, one becomes interested in the economic system that Karl Marx describes. Upon first thinking about Marxism, one wonders why it has not worked in the past in nations such as Germany. One then begins comparing Marxism with the economic system they are most accustomed to, Capitalism. Capitalism or a system closely related, seems to work well in the United States government, but one wonders what its flaws are. Both Marxism and Capitalism are well thought out economic systems, but each has its own strengths and weaknesses.
Marxism is a good system of economics if it is closely examined in its pure state. Marxism promotes equality, employment, health care, ...

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employment of its citizens. This system also provides equal health care to all, no matter what one’s profession. Marxism recognizes the importance of every life as a part of the work force and provides measures to keep all its citizens healthy. Probably the best component of Marxism is that the economic systems would only do what it saw as best for the society as a whole. The system proposed by Karl Marx places the good of society as a whole as the most important goal of the government. There are however some flaws of Marxism. The main problem is that is does not allow an individual the freedom to advance himself any further than the next man. All men are not the same. Some are smarter than others and go into professions that should be paid more because they bring more stress onto the individual. Also, another downfall that it has is its association with Communism in the past. The governments that have tried Marxism have failed because of the greed of the ruling party. ...

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Marxism Vs. Capitalism. (2006, December 23). Retrieved April 16, 2024, from http://www.essayworld.com/essays/Marxism-Vs-Capitalism/57585

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PAPER DETAILS

Added: 12/23/2006 11:59:12 PM
Category: Economics
Type: Free Paper
Words: 1152
Pages: 5

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