The difference between socialism and capitalism is the difference between economic systems or politics

The differences between socialism and capitalism include the economic system, political system and cultural nature:

1. In terms of economy, capitalist society is based on private ownership, and capitalists exploit wage workers; Socialist society is dominated by public ownership. In public-owned units, employees are the owners of the enterprise.

The difference in ownership of the means of production is the fundamental difference between capitalism and socialism. Revolutionary teacher Lenin once used a few words to explain what socialism is: “We must strive for a new and beautiful social system: in this new and beautiful society, there should be no rich or poor, everyone should work.… The interests of millions of people should not be sacrificed to make a few people rich. This new and beautiful society is called socialism. ”

2. In politics. On the one hand, a capitalist country is a country of the bourgeoisie; a socialist country is a country where the people are the masters of the country.

Big capitalists can directly decide national affairs. J.P. Morgan, nicknamed "Pirate Morgan," had more power than the president. In 1895, the economy was in trouble and gold was flowing out. The gold reserves in the New York branch were only US$9 million, and the maximum amount of checks at that time was US$12 million. President Cleveland invited Morgan there, and Morgan said: "If anyone comes to exchange for gold today, everything will be over." He agreed to lead a syndicate to subscribe for $100 million in government bonds, paying with gold. He profited from it and annexed 10 companies in 1901 to form the largest company in the world-U.S. Steel Company. There was a joke circulating at the time: The teacher asked Johnny: "Who created the world?" Johnny replied: "God created the world in 4004 BC, and J.P. Morgan reorganized the world in 1901."

3. In terms of culture, individualism and egoism are prevalent in capitalist countries; collectivism is advocated in socialist countries.

The bourgeois outlook on life regards the pursuit of profit and personal happiness as the highest purpose of life. The American "Inquirer" magazine conducted a "parking test" to test the daily behavior of the United States. They hired 22-year-old actress Sally to play various characters on Florida's Route 1. She stood next to a car, holding up a "stop" cardboard. At the beginning, Sally looked like a female hippie in faded jeans and a floral shirt. As a result, after waiting for 15 minutes, 350 cars and motorcycles of various types roared past, and no one stopped to help. Sally disguised herself as an elderly woman again and waited for five minutes and more than 200 cars passed by before two people stopped and were willing to help. Then, Sally dressed up as a pregnant woman with a big belly. More than 100 cars passed by before a car traveling in the opposite direction turned around and came to help. Two and a half minutes had passed. The fourth time, Sally dressed up as a fashionably dressed female executive. After a minute and a half, someone stopped and offered to help. By then, 62 cars had passed. Finally, Sally put on a tight miniskirt and dressed up as a fashionable pinup. This time, she went very smoothly. It only took 30 seconds for a car to brake suddenly and stop beside her. Although there are people in capitalist society who are helpful, many people are selfish.