The term “communism” was derived from the Latin word meaning “universal” or “common”. As an ideology, it encompasses social, political and economic attributes which aims to create a society of equality devoid of social classes, money and state. Its goal is to provide education and health care to all citizens with an ideology of common ownership. Despite its good intentions, however, there are downsides to a communist society. Let us discuss the two sides of this ideology.
List of Advantages of Communism
1. It embodies equality.
In a communist society, everybody is equal and no one is left alone. That is, no social class is better than the other because there is no social class system at all. All the resources of a country like property are under the control of the state and governed by a group that represents the masses. As such, citizens have the peace of mind that all the people are equal. This is the opposite of capitalism where there are businesses are owned by capitalists and employees who need to work in order to survive.
2. It makes health care, education and employment accessible to citizens.
What is seen as a significant advantage of communism is the access it gives to people when it comes to attending school and given medical attention. This is because in this type of ideology, even the poorest people can attend schools and provided with health care. It also minimizes unemployment because everybody gets equal opportunities.
3. It does not allow business monopolies.
Since the government owns and controls the business as well as allots the money to be spent for production costs, there is no business competition and no manufacturer is better than the other. This means manufacturers can only produce limited number of goods and are unable to demand for higher prices for their commodities and monopolize the market.
List of Disadvantages of Communism
1. It hampers personal growth.
One of the setbacks of communism is its being too controlling on the lives of the people. Since it is a classless society, everyone is equal in social status and no one is above the other. This can also be a disadvantage since people will feel they are at the end of the road because there is no room for personal improvement. In Cuba, for example, all medical professionals, medicines and hospitals are controlled by the government. The fees of these professionals are regulated by the government and they cannot demand for higher fees.
2. It dictates on the people.
In a communist society, the government has the power to dictate and run the lives of people. Although its goal is one of equality, there is basically less or no personal freedom at all to criticize the government or demand for changes. Moreover, there is no freedom of speech and whoever goes against the government can be subjected to punishments.
3. It does not give financial freedom.
Another setback of communism is the fact that entrepreneurs cannot expect to make more money than the others. As opposed to a free market economy, the command economy which is practiced by most communist countries ties the hands of business people. Consequently, it is hard to get rich in these countries.
Crystal Lombardo has been a staff writer for Future of Working for five years. She is a proud veteran and mother. If you have any questions about the content of this blog post, then please send our editor-in-chief a message here.