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What Is Capitalism, Socialism, and Communism?

SHORT STORY # 53. Nonfiction series #1 - # 60.

Alla P. Gakuba

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Sozialwissenschaften, Recht, Wirtschaft / Politikwissenschaft

Beschreibung

What is capitalism, socialism, and communism? The author is very much familiar with both systems. She lived under socialism (in the former Soviet Union) and under capitalism (in the USA). The story gave definitions and introduced advantages and disadvantages of each system.

Why countries have chosen to have a capitalism or a socialism system? In reality, there in no one country in the world that has a poor capitalism. Why? Please find answers in this story.

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Schlagwörter

1. What is capitalism ? What is socialism? 3. What is communism? 4. What is global capitalism? 5. President Reagan closed all mental institutions and mental patients became homeless. 6. "Free trade" policies shipped manufacturing jobs overseas.