human
Can you explain the difference between Marxism and Capitalism?
assistant
Marxism is an economic and political system that emphasizes the idea of collective ownership of the means of production. It works to eliminate class differences and create a more equitable distribution of capital and resources among the population. Capitalism, on the other hand, is an economic system based on privately owned capital and investments in which production, distribution, and exchange of goods and services are driven by competition amongst private owners for profit. Capitalism places a greater emphasis on individual and private wealth accumulation, as well as private ownership of the means of production and the need for competition in order to ensure efficient market prices.