Communism vs. Socialism…and why both FAILED
The central idea of this video is to address two questions: what are communism and socialism, and why did they fail in practice? Having grown up in a post-socialist country, these two ideologies have surrounded me all my life. My perspective has been influenced by both the proponents and critics of these two ideologies. That's why I decided to delve deeper into them and create a concise video to help people understand their definitions and shortcomings, or at least to initiate conversation.
The opinions and ideas I present in this or any other video are not absolute. I strongly encourage anyone with differing opinions to comment down below because I would love to engage in further discussions on this subject.
Chapters:
00:00 Intro
00:58 Historical context behind Socialism and Communism
03:39 What is Socialism?
05:36 What is Communism?
06:42 Why Socialism and Communism failed?
10:45 Conclusion
Thank you for watching!