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Communism

No Benefit. Business are owned by state. Profit is a form of oppression. Run by Government for benefit of all people. Problem: No incentive to work harder. Farms are owned by state. Communism. Run by Government for benefit of all people. No Benefit. Means of production

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Communism

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  1. No Benefit Business are owned by state Profit is a form of oppression Run by Government for benefit of all people Problem: No incentive to work harder Farms are owned by state Communism Run by Government for benefit of all people No Benefit Means of production (human labor to produce) Profit is a form of oppression Problem: No incentive to work harder

  2. Problem: Think that previous public state services will become private Farms owned by people Supply to Demand Things are generated for profit Businesses owned by people Not Taken by Force Capitalism Good Profit Incentive to work Things are generated for profit Good Profit Incentive to work

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