Capitalism vs. Communism vs. Socialism

Societal advancement is based on accumulation of wealth.

Rich people pay more taxes than poor people do.

There are no economic classes (upper, middle, lower).

The government creates a large welfare state.

There is a large amount of government regulation in industry.

Health care is absolutely free; it is funded by taxes and the state.

The people expect to be compensated during ANY times of unemployment.

No one is ever unemployed.

Any person can start a business.

The government is responsible for maintenance of the economy.

People own their own houses, cars, stereos, and other personal items.

The government taxes over 50% of your income.

Health care is absolutely free; it is provided by the people for the people.

There is no voting in this society.

The government sets a 5-year plan for the economy.

No money exists.