Differences in visions and starting points between economic systems

(The capitalist system and the socialist system as models)

Abstract

Economic systems have always been closely linked to the prevailing intellectual trends throughout history, and this explains the relationship between the material aspect of individuals and the moral aspect of their daily lives. This connection has gone in different directions, sometimes moving from thought and mind to matter, and sometimes from matter to thought. And the mind, and this leads intuitively to the conclusion that the various economic systems are not responsible for producing thought as much as they are responsible for influencing and being affected by the material aspects of human life, which makes the observer clearly see the influence of matter on individuals’ thoughts and values, as well as on the moral aspects of their lives.

Previously, man's ignorance in his view of the concept of individual ownership was the reason for society at that time to be characterized by solidarity and communalism in everything, as his thought was characterized by simplicity and primitiveness when he exploited natural forces such as rain and the places where it falls, and the land and its crops, in addition to the inability of the individual to face the difficult circumstances of life alone. In addition to the small and limited production, this is due to the lack of surplus production that allows individuals to exploit each other.

With the development of the system of life and the increase in the production of individuals beyond the level that meets their needs, it was necessary for the emergence of laws regulating this new life. From here, many economic systems emerged that had a significant impact on the stability of human life.