Essay, Research Paper: Capitalism

Another bad thing about communism is that consumers will not always get what they want because the government decides on what you will buy. When you go to the store, you have a choice of what you want to buy. If you are communist, the government decides for you. Because of this, you cannot always get what you want which is why communism is not a good economy to live in. In our economy, you must work to make money. The more you work, the more you will get paid and now you will be able to buy what you need, and what you want. In a communist economy, you can work as much as or as little you want, but you will still get paid the same amount of money as everyone else. Why would you want to work so hard if you were going to make the same amount of money? If you hardly ever put any effort into your work, you still would be getting paid the same as everyone else so why over should you over exert yourself. It would just be a waste of time and energy. Adam Smith and Friedrich Engel are two Philosophers who studied and wrote books about the economy. Smith, who wrote Wealth of Nations , is known for his strong belief in capitalism. Engel s, on the other hand, wrote the book called The Communist Manifesto , and believed strongly in communism. In conclusion, capitalism is a much better economic system because you have more freedom than you would if you were a communist. There are so many more advantages for being a capitalist than being a communist including better working conditions and more freedom.

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