Question

Do you think capitalism will be replaced by communist societies in near future?

Answer 1

Answer:

No, I do not think that capitalism would be replaced with communism.

This is so because, the world today is existing with mostly mixed economic systems where production system is in the hands of government and private owners both.

Communism will indeed grow but would not replace capitalism. In communism the case is of societies being incharge of the production systems.

There already exists mixed economies which find a combination of private and governmental ownership which is why no such economic and ideological changes will be brought. Atleast there aren't many signs of such changes.

Answer 2

Explanation:

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Communism is a political and economic system in which the major productive resources in a society—such as mines, factories, and farms—are owned by the public or the state, and wealth is divided among citizens equally or according to individual need. In its most common usage, the term communism refers to the type of ideal society envisioned by the 19th-century German revolutionary Karl Marx or to forms of government based on Marx's ideas that were established in Russia, China, and other countries in the 20th century. Communism is one form of socialism, which is a system in which the productive resources of a society are publicly rather than privately controlled. Communism was a major force in world politics for most of the 20th century: at one time, about one-third of the world's population lived under communist governments. Today communism is the official form of government in only a handful of countries.According to communist writre communism is to make classes in society..

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