As one who has experienced communism (as a kid) I could tell you that theory and practice were two vastly different affairs. You also have to realize that communistic practice between two communist countries could be very different too.Incubi wrote:Just how is there an economy in a communist country? So are there some people who make more money than other people, and some people who own business and others who work for the business
Both Dragoongfa and Patholos have a somewhat simplified version of what communistic economy is. Just so we are clear I am not an expert either.
I lived in former Yugoslavia which no longer exist - due to communism partly but thats off topic.
We owned our own houses, cars and things like that. Farms were also privately owned but they were small - their size was restricted by government which then prevented a industrialization of the agriculture (because large companies couldn't be formed which is a requirement for modern industrialized agriculture).
Small businesses were also privately owned while large industrial magnates were government property (and highly inefficient). Schools, railroads and healthcare were government run (mostly efficiently I would say).
Was there people who earned more than others? Yeah, a doctor earned much more than a dockworker. Usually the people with low wages were provided with apartments where the rent was really low. Some companies provided their staff with apartments too.
However if you wanted to live like normal person you bought a house - apartments were really a minimum compared to European standards (in wealthier countries).
Banking system was crap and caused huge problems because of bad credits (sounds familiar?).
The main downside of the system was total lack of flexibility and the fact that communism and dictatorship walks hand in hand - so you end up with an inefficient economic system run by people solely interested in status quo.
In my opinion communism is good for a primitive country for a limited time period. But it is ultimately an ideological dead end.