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	capitalism
	Capitalism is based upon private ownership of property and every person has the right to live his life in any manner he chooses, as long as he does not violate the rights of others. ... Socialism is quite different compared to capitalism, almost like an exact opposite. ... Philosopher Karl Marx and his followers were convinced that sooner or later alternatives to capitalism would emerge because “it is already in the process of developing within a capitalist society and we must find a way to overcome the resistance of capitalists and their supporters to achieve socialism. Approximate Word count = 495 Approximate Pages = 2 (250 words per page double spaced)

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