Difference between capitalism and socialism.

The lack of competition led to "stagnation" in all spheres of activity, and later - to decline. Unlike socialism, capitalism, subject to cyclical cataclysms in the form of large and small crises, developed, and states where there was a capitalist (that is, based on private property) mode of production slowly overtook the Soviet Union. In the end, the backwardness of the USSR became critical, which prompted the country's leadership to first announce "perestroika", and later led to the collapse of the state. However, the development of society has not stopped, and what the social structure will be tomorrow or the day after tomorrow is the subject of discussion by theorists from the social sciences.


The compact table summarizes the difference between capitalism and socialism. Of course, it is impossible to cover all aspects of the problem in a table format, so those who want to study the issue in more detail can be advised to contact the specialists - fortunately, mountains of literature have been written on this topic.

Socialism Capitalism
Attitude toward private propertyRejectsPrivate property is the basis of the capitalist mode of production
Attitude toward social rightsIn many cases, proclaimed under socialism, social rights became the first in the worldPart of social rights existed initially, part was introduced after the emergence of socialist states
Forms of ownershipState, personal, cooperative (collective farms)All forms
Stability of the formationStable society, but the lack of healthy competition slowly undermines the foundations of the formationIt is susceptible to periodic economic cataclysms, but in the long term it has a large margin of safety