Capitalism Capitalism A form of economic place characterized by private ownership of the pith of toil and the granting franchise of private owners to use, buy and sell their stead or rifle on the market at voluntarily agreed prices and terms, with motion slightness minimal interference with such transactions by the dry land or other coercive third parties. Communism 1.Any semipolitical theory based on the communal ownership of either property and a classless social structure, with economic production and diffusion to be directed and regulated by means of an authoritative economic plan that supposedly embodies the interests of the community as a whole.
Karl Marx is today the most famous early theoriser of communism, that he did not invent the term or the raw(a) material social ideals, which he mostly borrowed and adapted from the less taxonomical theories of earlier French utopian socialists -- grafting these onto a philosophic framework Marx derived from the German philosophers Heg...If you want to get a exuberant essay, order it on our website:
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