Social Science Paper

Christine Louise S. Lacanaria 2-Xavier TYPE DEMOCRACY (CAPITLISM) COMMUNISM SOCIALISM DEFINITION aneconomic systembased on theprivate will authorofcapital goodsand themeans of production, with the creation of goods and services for profit. There argon multiple variants of capitalism, includinglaissez-faire,welfare capitalismandstate capitalism. fromLatincommunis common, universal is asubverter socialistmovement to create aclassless, m starylessandstatelesssocial orderstructureduponcommon self-commandof themeans of production, It is where everyone is equal where as if one gets everybody must also have it partakes to aneconomic systemcharacterised bysocial ownershipof themeans of productionand co-operative management of the economy. 1Social ownership may refer tocooperativeenterprises,common ownership,state ownership, or citizen ownership of equity CHARACTERISTICS Private property-the right to own resources and bequeath property.Freedom of economic choice-work/not work, spend/not sp end. regimen should let markets be with a hands-off philosophy. A theoretical economic system characterized by the collective ownership of property and by the organization of tug for the common advantage of all members. A system of government in which the state plans and controls the economy and a single, often authoritarian party holds power, claiming to devise do toward a higher social order in which all goods are equally shared by the people. are economic systems that emphasize public ownership and heavy government influence in economic affairs.As a political system, socialism emphasizes co-operative work for the common good, a uniformed class system, and reductions of hierarchy in both economics and politics. GOVERNMENT The government and the leader is chosen by the people and almost everyone or majority of the people can vote for the leader The party is chosen by the people, where as the party choses the leader or the president of the country. Democratic elections dont exist and in theory all members in power are equal. The ruling party often establishes its rule by force.However, some modern socialist or democratic socialist systems, such as those in Scandinavia, have several parties and democratic elections. EDUCATION to decide individually how, when, what, where and with whom they learn to have an equal share in the decision-making as to how their organizations in particular their schools are run, and which rules and sanctions, if any, are necessary quality of education is largely choosen by the capitalist political state, which chooses to educate us in ways that are beneficial to them.Capitalism is represent as the best of all possible systems, with socialist ideology barely mentioned and almost always misrepresented as the philosophy of the ill-fated Soviet conjugation those under 18 are legally considered children, adolescents under socialism will be taught from an early age to become active participants in the industrial government, t o make informed and rational decisions and be treated with far more respect and offered far greater freedom and trust then the teens of today are, who are ordinarily treated as little more then the property of their parents with few decision making opportunities of their own. ECONOMY shift decision-making power fromcorporate shareholdersto a larger group of public stakeholdersthat includes workers, customers, suppliers, neighbors and the broader public. No single definition or approach encompasses economic democracy, but most proponents claim that modern property relations contrivecosts, subordinate the general well-being to private profit, and deny the polity a democratic voice in economic policy decisions is also known as the planned economy. In a communist economy, it is fully operated by the government.There are only state owned and controlled businesses. The government answers all the fundamental economic questions. is heavily planned, self-managed and state-directed. Rathe r than allowing market forces to determine where the economy should go, public officials decide which industries resources should be allocated toward. Production is both managed and controlled by the state. EXAMPLES Georgia, Lebanon, Israel, India, Bangladesh, Thailand, Japan, South Korea, Taiwan, Cambodia, Philippines, Malaysia, Australia, New Zealand Nepal and Cyprus China, Canada , Cuba, Vietnam