Capitalism v. Communism

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 …

…have no right to inheritance or property. Communism takes on a new meaning of "all men created equal." Communism is not what I consider the ideal economy; however, Marx and Engels give a stronger essay than Carnegie does. They address each aspect of the communist values, while also persuading the reader that the proletariats have every opportunity to abolish castes. With such thoroughness, the argument takes on strength that Carnegie simply lacks in his essay.