Monday

Communist Manifesto

The Communist Manifesto is rant about the evils of capitalism while highlighting how great communism is. I personally think that both capitalism and communism has its up and down sides. Capitalism has created more personal wealth for individuals than any other system; however, it also creates a large economic division between the haves and the have nots. Capitalism can work if it is truly allowed to flourish with the good and bad. The current U.S. economic problems can not be fixed with government bail outs. If the U.S. truly believed in capitalism, they would not have bailed out AIG, Bank of America, etc. In the capitalist system you either thrive or you fail. If a company is too big to fail, then it should be too big to exist. These bailouts are a good example of socialism, which also has its up and down sides. Communism was the main system that helped Russia become a super power after WWII; however, in order for communism to be successful, much of the needed resources were taken from the people. It also seems that a large part of the arguments in the manifesto are very similar to the current arguments between the Democrats and the Republicans. One party believes in "big" government while the other party believes in "less" government. One party believes that government can successfully run programs while the other believes that the private sector is more efficient. I believe that both arguments need to be made, this will help all parties involved come up with the best solution. in the private sector.

3 comments:

spirit said...

yes - the "state" owns everything under true "Communisim". While some of us like the humanitarian feeling of Communisim, we have to ask if we think the state can effectively run ... everything... and make decisions about ... everything.

JC said...

great class today

angela88 said...

I dont believe the state should run everything, but I do believe the state should strictly enforce policies and regulations though.