Communism & Capitalism

From the Paper:

"The purpose of this research is to examine capitalism and communism, with a view toward offering a comparison and contrast to these two economic and philosophical systems. The plan of the research will be to set forth a working definition of the key concepts to be examined, to provide a frame of investigative reference in which the comparison may occur, and then to discuss in detail the record and features of each system that illustrate differences, similarities, and as it were their pros and cons.

For purposes of discussion, working definitions of communism and capitalism are required. The basis of communism is economic. The encyclopedic definition of communism identifies it as a "form of collectivist social economy in which the means of production and distribution are owned and controlled by the community . . . Until the ultimate stages . . . communism ... "

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