The phenomenons Communism, Socialism, and Capitalism are the special doctrines and theories belonging to the politics, economics and social categories, individually, coined and developed by the prominent scholars, philosophers, and theorists of the 19th century. Communism can be defined as ” A political and economical theory that believes in a particular arrangement of economical mechanism in which the state is the supervisor and owner of the means of production, and it is the responsibility of the state to divide all the shares equally among the masses”. The Communism suggests that all the properties, human resources, means of production, and financial resources should be owned by the state, having one ruler and sovereign, no social classes in the Communist state, everyone is the righteous of the benefits, no private property and assets to be acknowledged, the government should control education and religion factors itself, but it rejects all kinds of religions. Socialism is somehow interlinked with Communism and both the terms are used interchangeably, but , there are a few differences between the two phenomenons. Socialism aims at the means of production should be in control of the people so that they can contribute more in the productions generated through economy, service sector, agriculture, business as well as industry. Likewise Communism, Socialism rejects private property and ownership concepts. It states that: wealth is for the distribution among the people, but the people can earn more based on their capabilities and potential. Unlike Communism, Socialism includes Education and Religion categories in control of the people and states that the private property and the assets are the results of hard work of those people, therefore , the government can only own the production and not control it. Capitalism is the opposite of both Communism and Socialism. Capitalism is such a political and economical system that promotes private ownership and supervision of the trade and industry under any government. It means, the private owners can control the trade and industry of the country for their own profit instead of the government. For example, the means of production are controlled by the Class-A but the production is cultivated by the labour work named as Class-B. Class-A is the controller of the means of production and it is the responsibility of Class-A to distribute the financial resources according to their own discretion among Class-B people. In brief, it is the Capitalism that has created clear disparities between the owners and the labours. What are the dissimilarities between Communism and Socialism? Why Bertrand Russell says “I dislike Communism because it is undemocratic and Capitalism because it favours exploitation? Keeping in view the aspect of Social Classes, Socialism only diminishes and Communism completely eliminates the concept, with regards to the concepts of private ownership, both Socialism and Communism keep views of total elimination of private property but Communism is not completely agreed here, rather it states that, private properties are the consequences of hard work and can be owned by any particular class. Meanwhile, Bertrand Russell says Communism is undemocratic and Capitalism promotes exploitation. How Exploitation? In terms of Class-Gap, the hard work of a labour and the ownership of the elite class. In Pakistan, there are open differences between the Classes. The Poor are becoming more poor and the rich are getting more rich. The concept of private ownership of properties is widely accepted as correct, the labourers are working for the daily wages and the most beneficiaries are exploiting them in their interests. What is happening around the country? Poverty, Inflation and Price hike. Which theory above all fits the Islamic Republic Of Pakistan? If any government is able to solve the issue of Pakistan through applying necessary theoretical statements for the welfare of the state, then it will be a miracle, but all hopes remain in God!
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