Karl Marx (1818-1883). Who Was He? German economist, philosopher, revolutionary Raised as Jewish Poor in his adult life.

Slides:



Advertisements
Similar presentations
The Economic Dimensions of the Cold War
Advertisements

Capitalism. Characteristics of Capitalism Land and capital are privately owned. (They are not owned by the government.) Land and capital are privately.
Communism.
THE INDUSTRIAL REVOLUTION Capitalism v. Socialism
FATHER OF MODERN COMMUNISM
Karl Marx: “The Father of Communism” Future Marxists At An Early Age: Lenin and Stalin.
Karl Marx (1818 – 1883) was a German economist who was exiled to England. He wrote Das Kapital, which explained how he thought capitalism would fall, and.
PLS 121: American Politics and Government The Communist Manifesto The United States of Amerika?
Communist Manifesto Communist Manifesto “ A spectre is haunting Europe ” all prior history - “ the history of class struggles’ ancient, medieval,
“New Ways of Thinking” Key Terms
Marx (and Engels!) LSJ 362 Fall Karl Marx ( ) Lived at time of great social transformations in Europe Active in 1840’s political movement.
KARL MARX FOUNDER OF COMMUNISM AND THE CONFLICT THEORY.
Economic Systems Capitalism, Socialism & Communism
Communism and Socialism
Manchester's Factory Children Committee, 1836 Campaign for the Ten-Hour Day
Revolution and Reform. Henry David Thoreau ( ) Born in Concord, Ma. Attended Harvard Supreme individualist Thomas Carlyle called “On the Duty.
The Political and Economic Theories of Capitalism and Socialism With emphasis on Adam Smith and Karl Marx.
Karl Marx & The Communist Manifesto
Economics of the Industrial Revolution. The Industrial Revolution opened a wide gap between the rich and the poor. While business leaders believed the.
1. Human nature: inherently good and cooperative 2. Good of society more important than individual 3. Belief in principles of egalitarianism among human.
Karl Marx and Communism
ALL ABOUT ADAM SMITH Father of Capitalism. What book did he write? Inquiry into the Nature & Causes of the Wealth of Nations (a.k.a…The Wealth of Nations.
Economic Systems Comparing Economic Systems. Warm Up- Economic Systems Free Market Voluntary exchange of goods between individuals and business in a market.
Capitalism versus Marxism
COMMUNISM: THEORY & PRACTICE. EUROPE Ukraine-Crimea Peninsula.
While Utopians Socialists envisioned reform from the top, Marx warned that change would come from the bottom and would most likely be violent. Marxism.
Karl Marx & Marxism. biography  Born 1818 in French/German town of Trier  Jewish extraction  Studied philosophy and economics in Berlin  Married Jenny.
Economics  What?  How?  Who?. Economic System:  A particular set of social institutions which deals with the production, distribution and consumption.
New Economic Ideologies Industrial Revolution. Do Now: What is an economic system? The system of production, distribution, and consumption of goods/resources.
QUIZ pp Please complete the quote – “Working men of all countries ___________ !” 2.Where is this quote taken from? 3.Who were the authors of.
“HEAVEN ON EARTH” SOCIALISM AND COMMUNISM. THE SOCIALIST MOVEMENT  Socialism is the idea that people can live cooperatively in modern society  Equality.
Modern World History November 29,  Economic system based on private ownership and on investment of money in order to make a profit  Each business.
Economics of the Industrial Revolution. Problems of Industrial Revolution  Time to look for solutions! Some believed the market would fix the problems.
History of the Political Thought Marx & Engels. The Revolution Recap: The Communist Vision –“Bourgeois” Freedom –Communist Freedom The Road to Freedom.
Reaction and Reform: New Economic Theories World History - Libertyville HS.
Chapter 9-4.  Main Idea The Industrial Revolution led to economic, social & political reforms Why It Matters Now Many modern social welfare programs.
Marx believed that society progressed through changes in the ways we produce material goods. His perspective is called “Historical Materialism” He also.
Industrial Revolution Fri 3/7: Economic Systems of the Industrial Age Objective: Examine the rules of an early European factory and compare the factory.
Socialism and Communism Seeking Utopia. Socialism defined “The basic needs of the entire society rather than the basic needs of the individual.” “The.
Unit 2 Review Economics is the study of _____________, _________________, and ______________ Production, consumption and distribution.
VCE History: Unit 3 Opposition to Tsarism: Ideas and Leaders.
3/17/14 “U.S. economic system”
Karl Marx (1818 – 1883) was a German economist who was exiled to England. He wrote Das Kapital, which explained how he thought capitalism would fall, and.
A Tale of Two Economists
E. Napp Reformers and Revolutionaries In this lesson, students will be able to identify the following terms: Unions Karl Marx Proletariat Communism.
A Tale of Two Economists Adam Smith & Karl Marx. Adam Smith A Scottish professor of logic at the University of Glasgow Described as the typical absent.
Karl Marx By Anna Nicchia, Chris Tolentino, Huseyin Bayram.
The problems caused by the Industrial Revolution caused many to look for solutions. While some believed the market would eventually fix the problems, others.
Warm Up: 08/26/ What are the 3 questions every economic system must answer? 2.What are the 3 major economic theories discussed in Section 4, of Chapter.
Chapter 13 Section 1.  In a bit more than 100 years, the Industrial Revolution converted Europe from a rural farming system to an urban industrialized.
By Oliver Milsom.  Karl Marx, the son of Hirschel and Henrietta Marx, was born in Trier, Germany in  Hirschel Marx was a lawyer and to escape.
3/20/14 “Russia & the U.S.” 1.What are Russia and the U.S. disagreeing over right now? 2.What do you think should happen & why?
Communism Communism was as originally laid out by Karl Marx and Friedrich Engels in The Communist Manifesto.
Theories of Karl Marx. Who was Karl Marx? Marx-German philosopher who developed ideas about the way to solve problems in society caused by the Industrial.
NEW WAYS OF THINKING The Industrial Revolution. Objectives Understand laissez-faire economics and the beliefs of those who supported it. Describe the.
Socialism The State owns and controls the means of production An intermediate step between Capitalism and a stateless society of pure Communism Rhetoric:
Challenging Capitalism
The Communist Manifesto
Mrs. Gregory AP European History
Socialism defined “An ideology arguing that citizens are best served by policies focused on meeting the basic needs of the entire society rather than on.
Industrial Revolution: New Ways of Thinking
Industrial Revolution: New Ways of Thinking
Reformers and Revolutionaries
AND THE CONFLICT THEORY
Three Economic Systems
Karl Marx: “The Father of Communism”
Marxism and the Ideologies of the Russian Revolution
Reformers and Revolutionaries
Karl Marx BELLWORK  What were some of the downsides of the Industrial Revolution and early Capitalism?
Marxism.
Presentation transcript:

Karl Marx ( )

Who Was He? German economist, philosopher, revolutionary Raised as Jewish Poor in his adult life

Historical Period in Which Marx Wrote Victorian Period in England ( ) --Massive Unemployment --Population Increase (by Late Victorian Period, population increase slowing and British supremacy ending) --Child labor

Marx’s Theory of Social Change From: Feudalism: lords, vassals, serfs [Industrial Revolution: fueled by steam and coal. Began in GB in mid-1700s] To: Capitalism: an economic system of selling commodities on a market for private profit. Fueled today by ____?

Marx’s Vision [Working People Unite!] To: Communism: abolition of private property to benefit the commonwealth: “wealth is seen as something to be allocated equitably in society, to be shared in common” (Brown & Garver 2009: 6).

Characteristics of Capitalism Quotes from The Manifesto of the Communist Party, Marx and Engels, 1848 (From Farganis, ed., Readings in Social Theory) Knows no boundaries: “A similar movement is going on before our own eyes. Modern bourgeois society with its relations of production, of exchange and of property, a society that has conjured up such gigantic means of production and of exchange, is like the sorcerer who is no longer able to control the powers of the nether world whom he has called up by his spells.”

Characteristics of Capitalism Promotes concentration of power in few hands: “You are horrified at our intending to do away with private property. But in your existing society, private property is already done away with for nine-tenths of the population.”

Characteristics of Communism (selected) 1. “Abolition of property in land and application of all rents of land to public purposes.” 7. “Extension of factories and instruments of production owned by the state; the bringing into cultivation of waste lands, and the improvement of the soil generally in accordance with a common plan.”

Characteristics of Communism (cont’d) 8. “Equal obligation of all to work. Establishment of industrial armies, especially for agriculture.” 9. “Combination of agriculture with manufacturing industries; gradual abolition of the distinction between town and country, by a more equable distribution of the population over the country.”

Marx, the Conflict Theorist: Assumptions Society operates as a corrupting influence. --it creates conditions under which people become greedy, exploitative, uncooperative

Assumptions (cont’d) Coercion is the basis of social order in which a minority of powerful people are able to impose their wills over the rest.

Marx’s Key Ideas Class Polarization Bourgeoisie versus Proletariat: “The history of all hitherto existing society is the history of class struggle.” (Marx and Engels, The Manifesto of the Communist Party, 1848)

Key Ideas (cont’d) Labor Theory of Value Use Value: satisfaction of needs or making use of a given object. Exchange Value: the value an object has when offering in exchange for another object. Surplus Value (source of exploitation): value generated by labor that is above and beyond exchange value.