Capitalism is a socioeconomic system which deals with means of production known as capital. Many first world countries are reknowned as being a Capitalist country. Market is the main operator for dealing with generating profits which fund labour, technology and industry.
Social classes matter when Capitalism is involved. A Hierarchy can be created using principles of income, social status (such as rich, poor, military, royalty). The richer you are, the higher you are in the capitalism hierarchy. In my opinion, this isn't fair for poorer, hard working classes to get little profit after a long days work. They are the ones who generate the profit in the markets whilst the ones working in the offices and in management work little and achieve more wages. However, the ones that work in the offices and manage the factory for example supervise the workers below on the workshop floor for build quality and to find any risks with production. Money spent on items such as Ipods, foodstuffs and transportation gets put back into the system and is paid through the hierarchy. Meaning that the managers and chairmen/women achieve the greatest profit whilst the working classes recieve lower wages.
Capitalism uses Social Media and Industrial Media in every way possible to sway the country in favouring products, interesting them in new technologies and keeping the country running as a whole. Without media advertising in social media forms, every Capitalist country in this day in age would not be successful in achieving market profits and the system would crash miserably.
Social and Industrial media has such a great effect on our society, it governs everyday things such as television adverts, radio broadcasts, internet pop-ups and webspaces. It's even still in print process such as magazines, newspapers and billboards. Media makes the world go round with Capital is involved as it's the only catalyst for citizens in each country to become encouraged or intrigued to purchase products.
Communism is another socioeconomic political ideaology which is known as classless and apparently lacks a heirarchy system. This means that common ownership owns the means of production and property in general. The use of socialism is its primary goal to make the population believe that everyone is equal and every product made through the means of production is equal to all and that profits are equal to everyone within a factory or business. In my opinion this is not true in the ideal world because the dictatorship that governs these ideas are not equal to the working people or 'proletariat'. Instead of the profits being measured equally through the society, the governing head takes as much profit as possible just like in a capitalist hierarchy.
I'm not a fan of Communism because of the ways that the working people are treated. When Stalinism was in force, the working people were forced to work sufferable hours in poor working conditions. Fatalities from these poor working conditions are too high to count. The system becomes corrupt when the governing power takes more profit and distributes 'low pay' equally to the working people even though they have been promised equal profits from everyone.
Communism today still uses propaganda through social and industrial media. Especially in places such as the Peoples Republic of China and North Korea. These communist states shun out Capitalism and try and endorce their policies using media types such as internet, radio, newspapers and televisions to keep the working people under the governments control. Living under fear using slogans and strong communist footage to brainwash the population works on the misguided. Using these tactics makes the working people work for anything just to make a substantial living.
Social and Industrial Media can be used in different way. In some ways good and some ways bad. Now it's being mixed with politics which can be used to either inspire the population or to break their spirits. Whilst in industry and businesses, Social media and Industrial media can be designed to inspire professionalism and this will easily lead the population into believing different ideas and to try new products and items.
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