Capitalism vs Communism

There’s always been this ongoing debate on which model of society is better. On end, there’s capitalism, which is the model of society for most first-world countries. Capitalism is when a country’s trade and industry are controlled by private owners for profit. On the other end, there’s communism, which is when all property is publicly owned and each person works and is paid according to their abilities and needs. There are obviously pros and cons to each model, but which do you think is better? Or is there a different model you think should be used?

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I think a mix is the best. Pure communism sounds super difficult to pull off but everyone fending for themselves doesn’t sound good either. :joy:

I think socialism works well

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I feel like communism would work in a perfect world, but there’s always people that want to take advantage of the system, and without competition in the market there will never be innovation. On the other hand, if money isn’t actively being circulated within capitalism you can get families that stay wealthy indefinitely (like the Kardashians or the Trumps) until something drastic happens to change that. Capitalism would work a lot better if we didn’t ‘celebratize’ people, but it’s still a lot better than communism :banana::sparkles:

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How has this gone undiscussed for so long? This should be a debate.

Let’s make it a debate, @Discussions!

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Um…it’s been a long time since I went over this. What’s the difference again?

Capitalism means that trade and industry are privately owned. Communism means that everything is publicly owned.

Ah, right. Thanks. Well…that’s actually kinda tricky.

I mean, communism kinda…didn’t end well.

Yeah. In its purest form, communism would work, but unfortunately, power corrupts and the people in charge of the communist nations went too far.

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Yeah…China

communism!
capitalism pits us against eachother

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I had to read something talking about the market, which raised the point that centralized planning of a market kind of goes against the whole point of having a market system. Obviously the source was biased, but it was definitely interesting to think about the logistical challenges that central planning would have to overcome and adapt to

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No idea, I choose not to engage in most politics

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