Communism vs Socialism Flashcards
What communist countries are there?
None
What countries describe themselves as a communist?
China, North Korea
What things do socialsim and communism have in common?
・Both ideologies originate from a desire to limit worker exploitation
・Lower/Eliminate the influence of economic classes in society
Who was Karl Max?
An economist and philosopher who co-wrote the communist manifesto
What were Karl Max’s theories centered around?
As Europe transitioned from monarchies to democratic capitalist economies, workers were being exploited by those who owned the means of production
What inequality existed between the labor and owner?
The owner of the farm is getting more out of the worker than they’re putting in
What was the name of the owners?
Bourgeoisie
What was the name of the workers?
Proletariat
What are the means of production?
Land, labor, capital
What did Marx want to do in order to fix the inequality of labor and owner?
Let the labors have power
What is a precursor to communism and the next logical step after capitalism?
Socialism
What is Socialism?
A democratic state controls the means of production rather than having private companies hold ownership
In communism, how do the workers contribution affect society?
Workers contribute as much as they can to the greater good, and then they all share equally in that good
In communism, what is everyone responsible for?
Everyone is equally responsible for contributing to everyone based on their ability or level of income
What is the next step after the state controls all the means of production?
Collective ownership (privacy too)
