Evaluation:
Published: 01.12.1996.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Compare and Contrast Capitalism and Communism', 1.
Extract

An ideology begins with the belief that things can be better, and then evolves into a plan to improve the currant state of a society. During the 20th century, the world witnessed the confrontation of two political, social, and economic ideologies: capitalism and communism. Capitalism appeared when Scottish economist Adam Smith published "The Wealth of Nations" during the late 1700's. Almost a century later, as a reaction to capitalism, Karl Marx published "The Communist Manifesto"; a book that harshly criticized capitalism and predicted its fall.

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