Communist or Capitalist?
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Communist or Capitalist?

  Discuss Communist or Capitalist? at the Freedom Castle; Would you prefer a Communist (or socialist) [left wing] or Capitalist [right wing] Pakistan? THE ...

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  #1 (permalink)  
Old 07-17-2007, 11:18 PM
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Question Communist or Capitalist?

Would you prefer a Communist (or socialist) [left wing] or Capitalist [right wing] Pakistan?
THE CHOICE IS YOURS!!!
I want to see the response...
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Old 07-18-2007, 12:43 AM
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To be very honest, none of them. Both systems can't work for ever.
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Old 07-18-2007, 02:56 PM
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i can't understand communist or Capitalist
wat are they??
plz explain!
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Old 07-18-2007, 04:55 PM
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Communism system of political and economic organization in which property is owned by the state or community and all citizens share in the common wealth, more or less according to their need.

Capitalism Economic system characterized by the following: private property ownership exists; individuals and companies are allowed to compete for their own economic gain; and free market forces determine the prices of goods and services. Such a system is based on the premise of separating the state and business activities. Capitalists believe that markets are efficient and should thus function without interference, and the role of the state is to regulate and protect.
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Old 07-20-2007, 05:55 AM
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Too few choices. Sorry, I'll pass.
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Old 07-20-2007, 07:47 PM
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Quote:
Originally Posted by manni9 View Post
Communism system of political and economic organization in which property is owned by the state or community and all citizens share in the common wealth, more or less according to their need.

Capitalism Economic system characterized by the following: private property ownership exists; individuals and companies are allowed to compete for their own economic gain; and free market forces determine the prices of goods and services. Such a system is based on the premise of separating the state and business activities. Capitalists believe that markets are efficient and should thus function without interference, and the role of the state is to regulate and protect.
In addition to this this is the basic rule of communism:
"EACH ACCORDING TO HIS NEED; EACH ACCORDING TO HIS ABILITY"
The owner ship is termed as" Common ownership of production, means of transportation, supply, etc...
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