Question

Pure communism has been proven to not work over the past century, while pure capitalism also has shown it needs some controls to reduce the chances of what?

Answer 1

In order to reduce the corruption of higher standing officials and possible rapid inflation of currency.

Answer 2

Answer:

Pure capitalism needs some controls to reduce the chances of higher social inequality and the unfair distribution of wealth and power in the hands of a few.

Explanation:

The capitalism is an economic system characterized by the use of capital in the production process where the owner of machines hires people to work for him, in exchange of a salary. Its basic principles are in the free market distribution of resources, private property and liberties.  

The criticism in this type of system is that only the ones who own the capital can have the chance to grow and increase its wealth, meanwhile the the workers have not the same opportunities so that makes it more difficult for them to develop their economic situation.