News — communism

Capitalism and Communism: An Overview

Posted by Tonali Windslor on

Capitalism and Communism: An Overview

Capitalism has been rightly criticized for creating inequality and encouraging greedy and selfish behavior. The rapid expansion of capitalism in the nineteenth century due to the Industrial Revolution brought with it profound changes to the world. Machines were now able to do large amounts of work that skilled tradespeople had been doing by hand for centuries. The result of this was the development of large factories in major cities that employed large workforces of people to operate the equipment. During this time wages were low and working conditions were very poor, and employees had few (if any) rights. Workers in...

Read more →