Capitalism vs. Socialism vs. Communism
Published 6 July 2021. Latest Update 13 December 2021
Global Risks by Dr. Ziva Rozen-Bakher
Global Risks aims to Stimulate Thinking ‘Out of the Box’ about Ongoing Global Problems that have no clear Solutions.
Do we need a new economic system for the recreation of global prosperity?
We have today three main economic frameworks: Capitalism, Socialism and Communism, yet each of them has problems.
Capitalism - It seems perfect, yet the homelessness phenomenon in the USA may tell a different story about the success of this economic framework, or we should distinguish between Capitalism and Pig-Capitalism. A healthy Capitalism is based on a Large Middle Class, while Pig-Capitalism is based on 'For the Few and not for the Many'.
Socialism - Socialism is based on ‘For the Many and not for the Few’, such as Portugal, still, is it hinder the competitive advantages of a country due to the massive regulation?
Communism - Communism is based on ‘The Same for All’ without Political Rights, so no one in the Western world would like to live without political freedom, yet is it possible to feed 1.5 trillion people under the capitalist system? How many homeless would be in China under capitalism?
Discussion on this Topic in the Research Literature
Socialism Without Growth: Capitalism Nature Socialism: Vol 30, No 2 (tandfonline.com)
Markets in the Name of Socialism (degruyter.com)
Debunking Utopia: Exposing the Myth of Nordic Socialism - Nima Sanandaji - Google Books
Communism or Neo-Feudalism?: New Political Science: Vol 42, No 1 (tandfonline.com)
Between communism and capitalism: long-term inequality in Poland, 1892–2015 | SpringerLink
Project MUSE - China: Totalitarianism's Long Shadow (jhu.edu)
Latest News about this Topic
Majority of young adults in US hold negative view of capitalism: poll (msn.com)
Capitalism Makes Us Better Off in Wealth and Safety (dailysignal.com)
Why Capitalism Sucks - CounterPunch.org
‘It’s about capitalism working for people’ (msnbc.com)
Two Wrongs Won’t Right Woke Capitalism (msn.com)
Biden Says Competition Order to Restore ‘Heart’ of Capitalism - Bloomberg
Socialism, Capitalism, and Candidates: Updating Attitudes (forbes.com)
Does Socialism Have a PR Problem? - CounterPunch.org
The socialism versus capitalism debate needs more minority voices – Whittier Daily News
Americans are soundly rejecting Biden's radical socialism - Washington Times
Americans Are More Open to Socialism Than Ever (jacobinmag.com)
Communism Is Greater Threat — The Patriot Post
Elayne Clift: It’s important to understand what socialism is — and is not - VTDigger
Where Have All the Economists Gone? (Socialism) by John C. Goodman (townhall.com)
'Socialism' is often a handy term for propagandists | Opinion (palmbeachpost.com)
100 Years of Chinese Communism - WSJ
The economic fundamentals of Chinese communism’s successes and failures (kathmandupost.com)
China's Xi Jinping Tells Party Members Marxism, Socialism Should Be 'Life's Purposes' (msn.com)
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