CapitalismCommunism Essay

This essay has a total of 432 words and 3 pages.


Communist vs. Capitalist

Andrew Carnegie's The Gospel of Wealth describes a capitalist society in which each man
works for himself in the race for independent wealth. In this caste society, progress is
defined as the continual accumulation of material wealth. An individual's organizational
skills lead to his success; his success acquires wealth, which in turn provides higher
social status than his working class counterparts. Carnegie defines progress as material
gain. He claims that over the years, wealth has been accumulated slowly through
generations. Does this accumulation of wealth truly define progress? Does this
definition of a capitalistic society include all members of the society?

Carnegie has failed to include the working class counterparts to these so-called
"successful" men. Carnegie's definition of capitalism is one sided and does not recognize
the value of the disfavored members of its society. In reality, the only people who
benefit from Carnegie's Gospel of Wealth are the ones who were rich to begin with. In a
capitalist society, as Marx and Engels explain in their Manifesto of the Communist Party,
the wealthy continue to exploit the working class to benefit no one other than themselves.
By forcing the working class to work at lower wages, the wealthy will benefit because
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