Huge Misconceptions About Communism and Capitalism [alternet.org]
As the commentary around the recent deaths of Nelson Mandela, Amiri Baraka and Pete Seeger made abundantly clear, most of what Americans think they know about capitalism and communism is arrant nonsense. This is not surprising, given our country’s history of Red Scares designed to impress that anti-capitalism is tantamount to treason. In 2014, though, we are too far removed from the Cold War-era threat of thermonuclear annihilation to continue without taking stock of the hype we’ve been made, despite Harry Allen’s famous injunction, to believe. So, here are seven bogus claims people make about communism and capitalism.