According to capitalism and communism, a human is regarded as economic creature but socialism regards him a moral creature. Capitalism is based on the false assumption that an individual gets active under temptation of profit or fear of punishment. Similarly communism also advocated that a work can be accomplished under or on the basis of violence and intimidation. Contrary to these thoughts, socialism believes that a human being is not a physical or economic being, instead he is a moral creature. He does get impacted by moral values and ideals. He does work in the spirit of cooperation and brotherhood. And as such, socialism regards a human being as a moral creature and emphasises on his moral development.