Essay Communism and Socialism A Struggle of Ideals Capitalism

However, the abolishment of money would not come at the same time as the abolishment of capitalism. Money would still be used in socialist society, probably for hundreds of years. A quite important part of socialism is that the workers would no longer be exploited by their employers, and could freely enjoy the fruits of their labour. For some time, this would probably manifest itself as money that could be spent to buy consumer goods: Video games, cars, cigars, good food, etc. Whatever it is the common people would want. If socialism was the dominant mode of production in the world, the need for money, as well as states, would wither away. At this point, socialist society would start transitioning into communist society.

He believed that socialism is the transitional period between capitalism and communism.

Democracy. During no stage of socialism is a dictatorship necessary. Socialists do, however, advocate for a so-called "dictatorship of the proletariat," which should not be confused with an actual dictatorship. In Marxist theory, all societies which have economic classes also have a dictatorship of one of those classes. In capitalist society, the bourgeois class holds political power over the proletariat, and so capitalist society can be called a dictatorship of the bourgeoisie. On the other hand, socialist society is supposed to be ruled by the working class, so it is called the dictatorship of the proletariat, as in "rule of the working class." The dictatorship of the proletariat only exists in socialist society, however. In communist society, which is classless, there is not a dictatorship of any particular class.

Essay on capitalism and socialism

Aces and eights annie dillard essay difference between communism capitalism and socialism essay

In Marxist theory, socialism is the transitional state between the overthrow of capitalism and the realisation of communism. Communism is a higher stage of socialism, and socialism is a lower stage of communism. "Communist" countries such as China, Cuba, Laos, Nepal, and Vietnam have never claimed to have achieved communism, but are communistic in the sense that their goal is the establishment of communist society.