CAPITALISM, SOCIALISM, COMMUNISM
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Putting modern political upheavals in perspective, this program introduces three systems of government; defines their distinct political, economic, and social aspects; and depicts how, in practice, they are modified and often blended.
While praising the workings of capitalism, the program illustrates historical backgrounds of the three systems, including the 1917 Russian Revolution, the effects of the Industrial Revolution, the spread of communism after WWII, and the collapse of communism in the former Soviet Union. Capitalism’s market economy, labor as the single source of wealth in Socialism, and how Communism was designed to induce the withering away of government are explained.
Black-and-white and color