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pure communism ← socialism ← mixed economies (centralism) → libertarian…

Question

pure communism ← socialism ← mixed economies (centralism) → libertarianism → pure free market capitalism. countries: north korea; china, morocco; france, sweden; united states, japan; new zealand. questions: who is in charge of the economy in pure communism? who is in charge of the economy in pure free market/capitalism?

Explanation:

Response
For "Who is in charge of the economy in pure communism?":
Brief Explanations

In pure communism, the economic system is based on the principle of common ownership. The state (or the community as a collective, with the state acting as the representative of the community) is in charge of the economy. All resources are owned collectively, and production, distribution, and allocation of goods and services are planned by the state to meet the needs of all members of society, aiming for economic equality and the elimination of class differences.

Brief Explanations

In pure free - market capitalism, the economy is driven by the forces of supply and demand in the market. Private individuals and businesses are in charge of the economy. They own the factors of production (land, labor, capital, and entrepreneurship), make decisions about what to produce, how to produce, and for whom to produce based on profit motives. The government has a minimal role, mainly to enforce property rights and contracts, and to ensure a level - playing field (in theory), but the key economic decision - making power lies with private entities.

Answer:

In pure communism, the state (representing the collective community) is in charge of the economy. It plans production, distribution, and resource allocation to meet societal needs, with the goal of economic equality and classless society.

For "Who is in charge of the economy in pure Free Market/Capitalism?":