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            | Topic: | Philosophy | 
        
            | Number of pages / Number of words: | 6 / 1419 | 
                
    
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The market, though more heavily regulated, is still relatively free. One might characterize it as a mixed economy (Case/Fair Chapter 22) which many governments use to promote both the advance of industry and social welfare.
Communism, on the other hand, is very different. It was defined by Karl Marx and Friedrich Engels in their 1848 pamphlet "The Communist Manifesto...
        
        
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One might characterize it as a mixed economy (Case/Fair Chapter 22) which many governments use to promote both the advance of industry and social welfare.
Communism, on the other hand, is very different. It was defined by Karl Marx and Friedrich Engels in their 1848 pamphlet "The Communist Manifesto...
        
        
            Essay fragment
        
    
                
            General points of the essay
            
                                    Capitalism vs. Communism
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