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🗣Where would you rather Dwell?-Capitalism, Socialism and Communism

  • Aligned Lines
  • Nov 7, 2020
  • 2 min read

The three political and economic models-


Capitalism

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wherein an individual provides

products and services and employs the workers and is allowed to keep the profit that he makes out of the excess

production that they create.

This system then provides a way for

these individuals to

generate wealth for themselves.

The emerging competition due to this,

enables them to be more productive

hence creating wealth and advancement for the rest of the society.

So if you're someone that is driven by accumulating wealth and living a lavish life provided you're great at certain skills, being in a capitalist country might give a boost to fulfilling your dreams.






Socialism-

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In socialist societies,

it is the government that owns and

operates for production and hence

the people gain minimal wage to

fulfill their basic requirement and needs.

This brings about a massive change in

people's lives wherein there's equality amongst all and therefore eliminates division through social class.

Although when socialist models are followed by a country, some fundamental issues arise, since they do not reward the individual to produce more and are hence not allowed to think outside the box and in turn make money off of it and might in certain cases lead to poverty.

Hence if you're a person that wants to be a part of something huge- as a collective,

and strive to work everyday for the betterment of your country and are passionate about it; and are willing to live by the rules and equity for all, this might be your shot.



Communism-

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In Communism, it is the working class that own everything, and whatever is produced as a whole is shared amongst people according to their needs. Although no country in the world has emerged into what exactly the facets of communism implies, countries like China and North Korea have evolved to represent the concept of communism.





Which one would you prefer if you had a choice? Comment down below and let me know if you'd rather choose to live a life without being controlled at all or if some of the rules gives you a sense of stability.


Thank you for diving deep with me..

Stay Passionately curious++

Until next time deep divers.


〰Aligned Lines

 
 
 

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©AlignedLines by Disha Y. Undergrad-Architecture, Aspiring Architect.

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