Communism and Democracy Communism, a concept or system of society in which the major resources and means of production are owned by the community rather than by individuals. In theory, such societies provide for equal sharing of all work, according to ability, and all benefits, according to need. Some conceptions of communist societies assume that, ultimately, coercive government would be unnecessary and therefore that such a society would be without rulers. Until the ultimate stages …showed first 75 words of 6721 total…

…showed last 75 words of 6721 total…when understood in terms of each other, have served to guide the actions of the most powerful and influencing nation-states the world has ever seen. Perhaps the best way to end this brief treatment of capitalism and democracy is to cite Friedman&rsquos axiom which reads; "economic freedom is an indispensable means toward political freedom, and economic freedom is in itself a component of freedom broadly understood, so it is an end in itself"(Pious 301).