Before you straightaway dig into the pros and cons of communism, we’d first like to get the basic concept of communism across.
Communism is not the mere economic system that is practiced across the globe. The United States and several other nations have embraced other systems like capitalism. Therefore, to explore communism and capitalism is of the essence.
What Will I Learn?
- 1 Communism Vs Capitalism
- 2 12 Monumental Pros And Cons Of Communism
- 3 List Of Pros Of Communism:
- 4 List Of Cons Of Communism:
- 4.1 1. It restricts individual rights
- 4.2 2. It is difficult to run a communist government by central planning
- 4.3 3. It can reduce the level of meaningful employment
- 4.4 4. It lacks unauthorized opposition
- 4.5 5. It invigorates poverty
- 4.6 6. It is anti-ambition in nature
- 4.7 7. It can be as corrupt as capitalism
- 5 FAQ – Frequently Asked Questions on Pros and Cons of Communism
- 6 What is the point of communism?
- 7 Does Capitalism Exploit the Poor?
- 8 Who Controls a Communist Economy?
- 9 Who invented Capitalism?
- 10 Conclusion:
Karl and Engels– were the ones who took the first move to lay the foundation of communism underpinning equality. They outrageously pinpointed that inequality and suffering stem from capitalism. Therefore, they both advocated communism largely.
Most of us know very little about communism. If you are someone finding an answer to your question as to whether communism is good or bad, you need not look any further. This article is a treat for you as it aims to address your question by listing the numerous pros and cons of communism.
Let’s get rolling!
Communism Vs Capitalism
Communism is a socioeconomic system in which all the resources and the means of production are owned by a society that is not divided into classes. This implies that all property within this economic system is publicly owned and private property is non-existent.
Communism rests on the idea of giving equal footing to every member of the society so that every individual has equal access to the common resources which eventually promotes economic equality in the country.
What are the goals of communism?
It plays an instrumental role in:
- Forming a classless society
- Bridging the gap between the rich and the poor
- Cultivating the potential for the growth and betterment of the society
Unlike communism, capitalism is such an economic system in which all the monetary goods are under the control of private companies instead of the people who work extremely hard and incessantly to power these companies.
Thus, capitalism is all about trampling the self-esteem and pride of working/laboring classes in pursuit of fattening the wallets of the rich. This favors abject poverty and insolvency amid plenty.
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After becoming knowledgeable about communism, some of you may veer towards anti-capitalism and promote communism while others may be firmly on the side of capitalism. Those of you who are in support of communism need to be well informed of the pros and cons of communism.
12 Monumental Pros And Cons Of Communism
Theoretically, communism sounds like an ideal form of government but technically it may not run as well as one may think due to the difficulties that arise naturally. Every system has its own set of pros and cons, so does communism.
Here, in this section, we’ll fill you in on the pros and cons of communism precisely and concisely.
List Of Pros Of Communism:
It’s high time to gen you up first with the pros of communism.
1. It abolishes the ‘so-called’ cla*s system
In a communist world, there is no dominance of the upper class over the lower class. All are equal. The society, being undivided, gives everyone equal access to health, education, and food. Communism works to ensure that everyone benefits from the country’s resources at an equal probability.
It also makes sure that every individual is living comfortably and peacefully without being at the mercy of the ruling or the elite cla*s of society. Communism snatches the fear of the unknown from the members of society and allows them to lead a healthy and comfortable life.
2. It markedly decreases the rate of unemployment
In a communist government structure, every member contributes to human development in the best possible manner. If you want a job, you’ll have one. Karl Marx advocated for communism by giving employments to people based on their flairs and skills.
There is no such thing as superiority in this government format. Curtailing the rate of unemployment will eventually lead to a decrease in the rate of crime as no one will be compelled to go for illegal means just to make sure that his/her family is fed and bills are paid. Rather, he/she will enjoy the peace and good health.
3. It increases educational opportunities
Communist nations provide the general public with many educational opportunities. Communism centers on the idea of improving society as a whole by enhancing the literacy rate. It relies on teaching people how to read and write so they can become skillful and can contribute their mite to the agricultural and industrial departments, in particular.
4. It promotes the establishment of a stronger society/community
Having no social disharmony in such an economic system, the standards of living for all the citizens are identical. Thus, socially including every individual paves way for the formation of a strong nation. No one is in haste and people care for each other in a communist government.
5. It works to achieve large-scale results as a centrally-planned economy
The communist governments are powerful enough to mobilize the country’s resources quickly for the accomplishment of any project that in any way will increase social growth. By dint of social cohesion, large scale results can be achieved easily. This is also because the self-interests of individuals are overruled and individuals focus their attention to get the desired results.
Only knowing the pros of communism is not the end of the story. Making you familiar with both the pros and cons of communism is the complete picture we’ve have aimed to come up with.
Now, it’s time to make you aware of the cons of communism.
List Of Cons Of Communism:
Here are listed some of the cons of communism so that you can gain insight into communist type government from every aspect.
1. It restricts individual rights
People tend to shun their interests as they are supposed to work for common goals and needs. Their job demands every bit that is in support of the community.
Therefore, they are bound to achieve communist goals by not pursuing their interests.
2. It is difficult to run a communist government by central planning
Although the communist government holds power to mobilize economic resources whenever required at whatever scale, but keep in mind there is a huge difference between planning centrally and implementing it as a whole.
As this system is devoid of a free market, the citizens may opt for black markets for trading the items they want or need. This destroys the essence of communism.
3. It can reduce the level of meaningful employment
In the communist rule, you most probably will have a job but will that be meaningful or not is a question. Employment will go up but meaningful employment will come down. You can say, communism is an exchange policy.
You work for the societies’ goals in exchange for being benefitted from the basic needs. It does not give you a paycheck, rather satisfies you with the basic needs for which you have to work consistently.
Since there is no private ownership, there is one overall entity that plays a role in controlling the message and agenda of the community. This operating body has an absolute rule over law and also can disallow private ownership of any capitalistic item. Having this sort of absolute control points towards the notion that only authorized opposition to new strategies and ideas may be permitted.
Unauthorized opposition will not be entertained. Even if the individuals don’t agree with the new strategies and ways, they have to comply no matter what because they are not allowed to voice their opinions in this regard.
5. It invigorates poverty
We have repeatedly stressed the point of equalizing society in the pros section but this may not happen always. Communism, no doubt, aims to uplift everyone by reducing the gap between the poor and the rich but in reality, it fuels poverty.
Lack of industrial growth will eventually promote poverty. Also, technological advancements, social evolution, and financial and cultural improvements are restricted to a certain sector only. This way, one sector will do well while the other sectors will produce little or small-scale results only.
6. It is anti-ambition in nature
If you are living in a communist country, you have little to no room for your aspirations and ambitions. To strive for personal growth and development is not at all favored under this political system.
7. It can be as corrupt as capitalism
Growing evidence has revealed that communist regimes are as corrupt as capitalistic governments. The publicly-owned properties and resources can be easily manipulated and misused. Those who rank high within this government structure are entitled to more resources. They are the ones who control most of the resources. If they decide to bring reforms, whether good or bad, no one can say or do anything about it in opposition.
So, in a communist format, despite having access to the public resources, you are still being controlled in terms of your job, property, and resource accessibility by the authoritative governing officials one or the other way.
This is indeed a major setback for achieving communist goals wholeheartedly which kills the motive of communism.
This is one of the reasons why communism cannot find its way in most of the countries.
FAQ – Frequently Asked Questions on Pros and Cons of Communism
What is the point of communism?
As indicated by socialist essayists and scholars, the objective of socialism is to make a stateless, ridiculous society. Socialist scholars accept this can occur if the individuals remove the intensity of the bourgeoisie and set up laborer control of the methods for creation.
Does Capitalism Exploit the Poor?
In the current Scenario, free enterprise transformed nearly everybody into a paid worker, however it likewise lifted them out of neediness and made them more prosperous.
Who Controls a Communist Economy?
Communism is a political and financial framework that looks to make a low society where the significant methods for creation, for example, mines and manufacturing plants, are possessed and constrained by the general population.
Who invented Capitalism?
It was Adam Smith who saw that mercantilism was not a power of advancement and change, however a backward framework that was making exchange uneven characters among countries and shielding them from progressing. His thoughts for a free market opened the world to private enterprise.
Just to give you the gist of the entire article, communism is an economic system that bolsters up the idea of equalizing the society in every way. After knowing the pros and cons of communism, one can say that it’s a sort of government which when pictured on a piece of paper seems good, while in practical terms, it’s difficult to execute and implement.
We’d conclude by leaving you with an interesting question: Taking into account the pros and cons of communism explained above, would you be happy to live in a country that is run by a communist form of government? We’d love to read your answer to this question in the comment section below. Do voice your opinion and also let us know which one is better: either communism or capitalism?
Your response will be highly appreciated.