Perspectives Of Both

[Solo]

These questions are answered differently by the philosophies of capitalism and socialism

What goods will be produced?
How will the goods be produced?
Who will the goods be produced for?


Dose anyone have any idea what are the major differences?

perspectives of both capitalism and socialism.

[Essential Insignificance]

Dose anyone have any idea what are the major differences?

perspectives of both capitalism and socialism.

Fortunately for you, you have come to the right place. :D

There are fundamental difference's between a capitalist based society and a communist based society, but there are, at the same time, some similarities.

Capitalism is the modern, market based commodity manufacturing economic structure dominated by capital, that is, the purchasing–power is used to hire labor for the exchange for wages. Hence mankind is reduced to "wage-labors".

Marx saw the origins of capitalism being the forceful expropriation of European peasants and small artisans during the late Middle Ages, leading to the separation between the bourgeoisie or capitalist class, who privately own the means of production, and the proletarian or working class. Possessing no such means, proletarian's can live only by selling their labor-power to the bourgeoisie class.

Ownership of the means of production gives the ruling class, obviously, a significant bargaining benefit over the proletariat, which shows itself in the form of the profit and interest resulting from the exploitation of wage labor.

It is very difficult to subsume all the various socio-economic beliefs that have been referred to as "socialism" under one definition.

However, in the narrower sense socialism is used to refer to an economic system which features:

1. State ownership of the means of production and control over investment throughout the economy

2. A more "equal" distribution of income and wealth then typically found in capitalism

3. Democratic election of government officials responsible for economic decisions.

Keep in mind that socialism and communism are two totally different systems of production and distribution.

As for my perspective -- I think communism is the only "fair" and "equal" system. :D

[Solo]

"Keep in mind that socialism and communism are two totally different systems of production and distribution." This was one of your quotes to close , and indeed is very true, I would like to have seen you develop this thought in much greater depth.

[Essential Insignificance]

"Keep in mind that socialism and communism are two totally different systems of production and distribution." This was one of your quotes to close , and indeed is very true, I would like to have seen you develop this thought in much greater depth.

Sure... but I'm afraid that I'm not too sure, what you would like me to expand on.

However... I'll give it a go, of what I think, you would like me to "develop" on.

According to the doctrines of both and Marx and Engel's, who drew upon the progressive research of, Marx's almost exact contemporary Lewis H Morgan, and henceforth other acclaimed anthropologist's such as Herbert Spencer, who contrary to popular believe coined the phrase, that has been attributed to Darwin the "survival of the fittest", who after hypothesis and empirical evidence, "certified" that the early humans lived in a sort of "proto"-communist social system -- know more commonly as "primitive communism", and therefore purported the theory of "social evolution".

I said the above, because it is good evidence -- contrary to the "vulgarism" of capitalist and capitalist-supporters who view that the human race, by the large, have are "inherent" self-centeredness. Thomas Hobbes held that many, if not all, of our actions are prompted by selfish desires; this view is called psychological egoism which sustains that self-oriented interests, at the end of the day, stimulate all human actions.

However, the inhabitants of the epoch that has now be coined "primitive communism" -- owned few possessions -- and shared accordingly, society's productive output -- food.

Now, the communism that we talk about nowadays is very similar to that of past times... some may view this as a "regress", but it is most certainly a "qualitative" progression.

Marx thought that the real, true "driving force" of human history is the economic or material development of such. Throughout different periods of human history there have been different, "modes of production", and therefore, accordingly, different social relations; and basically the changing of productive force is due to the material discovery of more efficient productive modes.

Marx thought, that the "conflicting dynamics" of capitalism, will eventually "give way" to communism... as communism is a much "better" mode of producing the material wealth of society, because it will be much more efficient and equally distributed -- a amateurish explanation, I know, but it will suffice.

But that need not concern us, at our present enquiry, but it will, most certainly help.

Now the difference betwixt socialism and communism is that -- the "communist hypothesis" has no classes and thus, there is no state as an means to protect class rule, therefore there is no state ownership of the means of production; free of wage-slavery, therefore human's are not "rewarded" for labor through the exchange of money; there will be no currency, and therefore the production of commodities will stop; instead objects will be produced for the sole objective of sufficing society's "wants" and "needs".

Communism will, thus function accordingly to one of Marx's most prolific remarks "each accordingly to his ability, to each accordingly to his needs".

[Solo]

thanks that really opened my eyes

[Essential Insignificance]

thanks that really opened my eyes

I hope it, at least mentioned, what you were looking for.

And if not ask away!