Communism Research Paper Example | Topics and Well Written Essays - 1000 words

Communism - Research Paper Example It also promotes the fact that every worker should be rewarded for all his work and also holds a share in the profits. Communism is broadly defined as a movement which aims to fulfill all these aims. It tries to end wage labor and private property in terms of economics. Hence it is considered by many to be a form of governance which provides equality to all the people. The word communism is derived from the community which means that this type of governance takes the whole community when taking decisions. The rich do not get richer in a communist society and the poor do not get poorer. Moreover the state decides as to how the resources have to be allocated in the society. This creates a state of equality in the society because of which people do not have to fight for supreme power. Karl Marx defined communism in the following words â€Å"Communism is for us not a state of affairs that is to be established, an ideal to which reality [will] have to adjust itself. We call communism the real movement that abolishes the present state of things [emphasis in original]† (Holmes 2009). The workers in a communist government are not trapped to a single job as they have the freedom to change jobs whenever they want to. According to Karl Marx â€Å"Society regulates the general production and thus makes it possible for me to do one thing today and another tomorrow, to hunt in the morning, fish in the afternoon, rear cattle in the evening, criticize after dinner, just as I have a mind, without ever becoming a hunter, fisherman, shepherd or critic† (Fandel 2008). Over the years it is seen that many leaders have come who believed in the stability that communism could provide to the whole society. Vladmir Lenin of Russia provides a suitable example of a leader who believed in the roots of communism. He broadened the views of the general society regarding the difference between socialism and communism. He stabilized the roots of communism

Electronic Commerce & Prosper.com Essay Example | Topics and Well Written Essays - 250 words

Electronic Commerce & Prosper.com - Essay Example This form of borrowing and lending is much cheaper unlike the traditional lending businesses like credit cards. Hence, borrowers in pursuit of cheap credit will definitely opt to borrow through prosper.com than their bank. Consequently, according to (Arnold and Harzog 75) the traditional lending/ borrowing businesses are likely to experience a drop in their lending business as more and more Americans are opting for peer-to-peer lending. Secondly, the business model of prosper.com does not require borrowers to deposit collaterals to get loans. Therefore, borrowers in pursuit of small loans will opt for prosper.com due to minimal lending requirements. Subsequently, this will lead to a fall of traditional lending/ borrowing businesses. According to (Arnold and Harzog 78) customers of traditional lending businesses will most likely shift to the peer-to-peer lending business model offered by companies such as prosper.com, because of low interest rates and minimal lending requirements. This will definitely lead to a decline in borrowing from traditional lending