Why do people oppose capitalism?
Model Answer Reasons Why Communism Persisted in China but Not in the USSR 1. Reformist Approaches In China, under Deng Xiaoping, economic reforms were gradually implemented while maintaining the one-party system. These reforms allowed private ownership and market activity but avoided political liberRead more
Model Answer
Reasons Why Communism Persisted in China but Not in the USSR
1. Reformist Approaches
In China, under Deng Xiaoping, economic reforms were gradually implemented while maintaining the one-party system. These reforms allowed private ownership and market activity but avoided political liberalization, keeping the Communist Party’s authority intact. In contrast, the USSR under Mikhail Gorbachev introduced both economic (Perestroika) and political reforms (Glasnost) simultaneously, including multi-party elections. This openness led to democratization and eventually the disintegration of the Soviet Union, as the reforms weakened central control and allowed for the rise of independence movements in Soviet republicsourse Correction**
China’s leadership, particularly Mao Zedong, took timely corrective actions following the failures of campaigns like the Great Leap Forward. After the 100 Flowers Campaign in 1956-57, which revealed discontent, Mao adjusted policies to focus more on agricultural economy and market socialism. In contrast, Soviet Communism failed to adapt to the changing needs of its economy, which led to stagnation and a lack of popular support .
3. odels
China’s model emphasized decentralized industrialization and a focus on agriculture, which allowed for some degree of economic flexibility. On the other hand, the USSR focused heavily on centralized, state-run industries and engaged in costly Cold War conflicts, which drained resources and worsened the economic crisis .
4. Popular S National Identity
China benefited from a more homogeneous society with around 92% Han Chinese population, which allowed the CCP to forge a stronger national identity through Confucian values. Meanwhile, the USSR’s diverse ethnic composition (with Russians making up only 51% of the population) led to issues of national identity, and the Soviet model’s failure to address ethnic diversity contributed to the weakening of the union .
5. Repression
Deated a willingness to use force to suppress protests, such as during the Tiananmen Square incident in 1989. Conversely, Gorbachev was more sympathetic to the autonomy of Soviet republics, which led to a weakening of central authority and contributed to the collapse of the USSR .
In summary, China’s ability to adapt ecowhile maintaining strict political control allowed Communism to endure, whereas the USSR’s simultaneous political and economic reforms ultimately led to its downfall.
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Critics of capitalism point out the following reasons: Capitalism is criticized from a lot of perspectives, and the key reasons people criticize it are: -Inequality: Critics say that capitalism naturally breeds huge inequalities of wealth. All the power and resources concentrate in the hands of a feRead more
Critics of capitalism point out the following reasons:
Capitalism is criticized from a lot of perspectives, and the key reasons people criticize it are:
-Inequality: Critics say that capitalism naturally breeds huge inequalities of wealth. All the power and resources concentrate in the hands of a few while leaving most of the others in poverty. Such inequality may occur in income inequality, wealth inequality, or other resources like health care and education.
This concept is identified by some as exploitative because it exploits workers at a lesser wage than value added. Low wages, poor working conditions, and fear of losing a job are some aspects.
Environmental Damage: Some oppose capitalism on grounds that its profit maximization motive propels environmental degradation, leading to pollution, resource depletion, and climate change, creating an irrevocable conflict with sustainable environment.
Instability and Crises: Boom-and-bust cycles have always plagued the capitalist economies, creating economic instability, recessions, and financial crises that have disastrous effects on people and societies.
Alienation: Other arguments tell that capitalism alienates the individual from his work, from his community, and from himself. The focus on material goods and consumerism leads people to feel empty and unsatisfied.
Political Influence Critics argue that capitalism allows corporations and the elite to have undue influence on political processes and consequently promotes policies that favor the elite at the expense of the masses.
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