Carl Mosk's Economics Site

On Google N-Gram type in the two words “Capitalism” and “Communism” indicating that you want the appearance of the two words in the English language literature to be captured in the diagram regardless of whether they are capitalized or not capitalized. You will find an interesting pattern. Before the end of World War II the two terms mimic each other, growing pretty much in tandem. After the Cold War begins they mirror each other in a negative fashion: when one rises the other falls. It is during this period that they became opposed ideologically. This fact proves two things. The first is that the two terms are ideological not “real.” The second is that they are really not opposed in real terms. In point of fact pure Capitalism and pure Communism represent the opposite ends of a spectrum: the degree to which the state enters into the market. Pure Capitalism is zero entry; pure Communism is 100 per cent entry. In reality neither pure Capitalism nor pure Communism exist. In actual practice societies can be ranked based on the percentage of the economy in state hands. The lower the percentage, the more “capitalist” they seem. The higher the percentage the more “communist” they appear. Communism is nothing more than State Capitalism.

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