Question

write a paragraph.

Is a just and ethical society better grounded in the capitalism of Smith, the communism of Marx, or or some other view? Provide an argument justifying your conclusion.

Answer 1

Answer -

I think commmunism is better in comparison to other views in order to make the society just and ethical as Communism is a monetary perception system that advocates for a daft society wherein all property and riches is publicly claimed, in place of by individuals.The socialist belief system changed into created by means of Karl Marx and is something opposite to an entrepreneur one, which relies upon on famous government and advent of money to shape a trendy public. Communism is a political and economic philosophy that positions itself contrary to liberal majority rule government and unfastened enterprise, supporting as an alternative a boorish framework in which the strategies for creation are possessed collectively and private assets is nonexistent or significantly curtailed.

Whereas,

Capitalism is not good for any country because it creates monopoly and the control of the country goes into the hand of few private organization rather than government.
capitalism necessitate poverty for some members of society because in capitalism the industry and trade is primarily governed by private organizations for sake of their benefits. Government role is secondary in capitalism, due to which they restrict the sources and opportunities to earn in equal manner in order be in the position consistently. This leads to create inequality and poverty due to less opportunities and sources.