What is Capitalism, Socialism, Communism and Anarchism?

What is Capitalism, Socialism, Communism and Anarchism?
You hear these terms all the time but few have any real good idea what they are.
Here in American we use some of each ism because any pure ism is doomed to
failure. Europe has been around a lot long than America and there basic 
economic system is close to ours with a little more Socialism. 
Don’t be fooled we have lots of Socialist things here in America.
Here in America we all pay for;

  Social security  

Armed forces

Services; police, fire, rescue etc.

Medicare

Forest and Parks Services

Road systems

Elec system

Water management systems

Waste management system

FDA

TSA

EPA

Because we pay taxes we have these services. We all need and use all these services.
Nobody can afford to pay for all these alone, so we all pay, that is Socialism.
We would be in trouble If we didn’t have them.

Capitalism
We also allow people to form business to produce product that people want or need.
These business are usually profit orientated and make the owners rich.
They also provide jobs for people. This system is Capitalism.
Run properly and shared profits this system works well for many people.
Usually the business leaders don’t share much of their profits with workers.
Given a chance to work unchecked it would be just like the game Monopoly.
In this game there is only one winner and everyone else is a loser!
Google’s Definition of Capitalism;
    an economic and political system in which a country’s trade and
    industry are controlled by private owners for profit, rather than
    by the state.

Socialism
In Socialism ideology you also have businesses that are co-owned buy the workers.
These co-operatives are a form of socialism and works well for the people
participating in them.
Google’s definition of Socialism;
    a political and economic theory of social organization that advocates
    that the means of production, distribution, and exchange should be
    owned or regulated by the community as a whole.

Communism
The government owns everything and people work within the system
to the best of their abilities and get paid accordingly.
Google’s definition of Communism;
    a political theory derived from Karl Marx, advocating class war and
    leading to a society in which all property is publicly owned and each
    person works and is paid according to their abilities and needs.

Anarchism
As for Anarchism these people believe the government is undesirable,
unnecessary and harmful.
Does this ideology remind you of any political party in America today
“government is undesirable and harmful”?
These ideas don’t go far because only the folks in power prosper
and all others are enslaved to work and have no options or protections.

For more information you should go read
Wikipedia.com information and do some searches on the internet.

About Rick Mercier 181 Articles
Retired, Building Trailers and seeing America

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