Ideologies: The Preferred Economic and Social Order
•Ideologies have to deal with the fundamental question of who controls the wealth in society. Should wealth be equally shared, or should some individuals be allowed to possess more wealth than others?
•For communists, private ownership is not allowed. They are committed to providing an equitable distribution of wealth
•For capitalists, people need to compete with one another in order to have an incentive for material gain. Economic and social inequities are allowed to exist