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Select a peer-reviewed article that review or explains communism, capitalism, and/or socialism. The article must be...

Select a peer-reviewed article that review or explains communism, capitalism, and/or socialism. The article must be published between 2012 and 2019. Examples of journals with peer-reviewed articles include Critical Perspectives on International Business, International Journal of Management, Journal of International Business Studies, Journal of International Business Research, Journal of International of Trade & Global Business Perspectives, or Management International Review. Make certain the article relates to this course, international business. Provide a one-paragraph summary of the article. Include what you learned from this article in regards to the topics communism, capitalism, and/or socialism.

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Answer #1

The article which I am taking into consideration is of huffpost written by Henryk Kowalczyk. It was published in 2015.

The article mentions that communism, socialism and capitalism can't go hand in hand even though some European countries have prospered with socialism and capitalism going together. Socialism is for the good of each and ever individual especially those who are weak, communism is that no person should own land and should work for the benefit of each and everyone, capitalism is free movement of goods and people looking after what would benefit them individually and as a firm. Capitalism is supposed to be controlled by imposing high taxes and enjoys individual freedom. Socialism is when government tries to make the society equal and communism is for the benefit of the society and there is no personal gain.

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