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Communism Dude
Karl Marx
Communism Definition
property is:
publicly owned and everyone works and is paid according to their ability & needs.
Karl Marx’s quote
“The oppressed are allowed once every few years to decide which particular representatives of the oppressing class are to represent and repress them.”
Capitalism def.
country’s industry and trade are controlled privately for profit without government interference.
Capitalism dude
Adam Smith
Adam Smith made what
The Wealth of the Nations
Adam Smith quote
“It is not from the benevolence of the butcher, or the baker that we expect our dinner, but from their regard to their own self-interest.”
Socialism def.
the factors of production are subject to social/government (private +public)
Charles Fourier quote
"The peoples of civilization see their wretchedness increase in direct proportion to the advance of industry."
Socialism dude
Charles Fourier