Socialism Chapter 13, Section 5 Notes. Angst at Thanksgiving Dinner ► Everyone has that family member who’s crazy ► Luckily in the Cicerchi household,

Slides:



Advertisements
Similar presentations
An Age of Reform As industrialized nations grew, many felt that governments should stay out of business’ affairs. While others felt that governments should.
Advertisements

Chapter 7 Section 4 New Ways of Thinking
13-1.  Would it be better to live in a society where everyone was given a share of profits by the owner of the company, made the same amount of money.
The Proletariat’s Choice.  Karl Marx ( ) - German journalist and writer - Collaborated with Friedrich Engels - Combined German philosophy, French.
Chapter 22 Section 5 Socialism. Socialism The uneven distribution of wealth was making people think that laissez-faire capitalism was not the greatest.
Rise of the Worker Communism.
Adam SmithAdam Smith  In 1776 Adam Smith publishes his book Inquiry into the Nature and Causes of the Wealth of Nations, usually referred to simply as.
“New Ways of Thinking” Key Terms
As the industrial revolution was greatly increasing the production of goods, most governments stayed out of the way and let business happen. This seemed.
“Isms” from the Industrial Revolution As industry grew in the 1700s and 1800s, the gap between the “haves”, and the “haves-not” was widening. Living and.
CHAPTER 13 Section 1:Origins of the Industrial Revolution Section 2:The Factory System Section 3:New Methods and Business Organizations Section 4: Living.
Reforming the Industrial World
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.
Reforming the Industrial World. Agenda 1. DNA- Vocabulary Match-up 2. Notes: Economic Systems 3. Drawing Economic Systems.
Chapter 23: Comparative Economic Systems Section 2
Protests and Reformers. The Luddites Attacks on the “ frames ” [power looms]. Ned Ludd [a mythical figure supposed to live in Sherwood Forest]
CAPITALISM VS. SOCIALISM ECONOMIC THEORIES. CAPITALISM RECAP Who controls the means of production? What is Laissez-Faire? What did Malthus and Ricardo.
Reforming the Industrial World
Reaction and Reform: New Economic Theories
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.
Reaction and Reform: New Economic Theories World History - Libertyville HS.
Industrial Revolution Philosophers New economic ideas.
Chapter 9-4.  Main Idea The Industrial Revolution led to economic, social & political reforms Why It Matters Now Many modern social welfare programs.
 Adam Smith: considered founder of laissez-faire economics  Author The Wealth of Nations  Laissez-Faire Capitalism: belief that business should operate.
Reform Do Now: What new ideas about economics and society were fostered as a result of the Industrial Revolution?
Capitalism, Socialism, Communism, and Everything in between.
Patterns of Thought during the Industrial Revolution
Capitalism, Socialism, and Communism. Capitalism “It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but.
The Industrial Revolution and its Critics Alexandria Kennedy.
Industrial Revolution Fri 3/7: Economic Systems of the Industrial Age Objective: Examine the rules of an early European factory and compare the factory.
A Tale of Two Economists
Key Terms – Responses to Industrialism (1) Utopianism Robert Owen Utopians Louis Blanc Karl Marx Frederich Engels Communist Manifesto Communism Class Struggle.
E. Napp Reformers and Revolutionaries In this lesson, students will be able to identify the following terms: Unions Karl Marx Proletariat Communism.
Pros & Cons of the Industrial Revolution….
CHAPTER 13 SECTION 4 AND 5 The Economics of the Industrial Revolution.
NEW WAYS OF THINKING CAPITALISMVCOMMUNISM Students analyze the effects of the Industrial Revolution in England, France, Germany, Japan, and the.
The problems caused by the Industrial Revolution caused many to look for solutions. While some believed the market would eventually fix the problems, others.
Responses to Capitalism Warm-Up11/3 In order to make goods and services, Entrepreneurs put what three resources together.
Cultural Revolution Section 1-14 Section 1 Lecture Notes 14 of 26 Click the mouse button or press the Space Bar to display the information. They advocated.
Competing Philosophies of the Industrial Revolution.
Socialism.
Socialism  “Early nineteenth century theory that sought to replace the existing capitalist structure and values with visionary solutions or ideal communities.”
19 th Century Responses to Liberalism Utopian Socialism, Socialism and Karl Marx (Marxism)
Reforming the Industrial World. Capitalism An economic system in which businesses and industry are privately owned and money is invested in business to.
Responses to Capitalism California Content Standard
Responses to Capitalism Capitalism Economic system that emphasizes profit and private ownership. In capitalism, the factors of production such.
Reforming the Industrial World
INDUSTRIAL REVOLUTION 2 THE EVOLUTION OF LABOR AND THE GROWTH OF CITIES MR. ALLEN.
ECONOMICS 101 CAPITALISM/COMMUNISMSOCIALISM. Key Terms Laissez Faire – “Hands Off,” No government involvement in the economy. Laissez Faire – “Hands Off,”
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.
NOTES – Organizing the Working Class. Industrial workers formed socialist political parties and unions to improve their working conditions. Karl.
Laissez-faire Capitalists 622 Adam Smith Thomas Malthus David Ricardo In the early 1800’s, middle class business leaders embraced this “hands-off”, approach.
The Industrial Revolution. Followed the Agricultural Revolution Began in Great Britain – Factors of Production Land Coal Iron Ore Rivers – Provided transportation.
Economic Systems. Communism: the government owns the things that are used to make and transport products (such as land, oil, factories, ships, etc.) and.
19.5 Calls For Reform India, Shianne, Maddie.
Section 5: Socialism The Industrial Revolution CHAPTER 13
Industrial Revolution Section 4
19.5 Calls by Reform By Group 7: Daniel Larios, Blake Wetzsteon, Sam Hatton, Lexie Greenfield.
Patterns of Thought during the Industrial Revolution
Focus 10/17 In 1848, Karl Marx and Friedrich Engels wrote the Communist Manifesto. In this writing, they predicted the proletariat would eventually rise.
Writing Assignment minimum 1 page
Reformers and Revolutionaries
Three Economic Systems
Reformers and Revolutionaries
Industrialization & Urbanization
Capitalism & Socialism
Adam Smith Capitalism Business Cycle Unions Karl Marx Proletariat
Presentation transcript:

Socialism Chapter 13, Section 5 Notes

Angst at Thanksgiving Dinner ► Everyone has that family member who’s crazy ► Luckily in the Cicerchi household, we have a crazy aunt AND a crazy uncle ► They have some, um, interesting political philosophies and two Thanksgivings ago the craziness began overflowing ► The crazy aunt and uncle started talking about how the workers of this country were being overrun and had to take back the means of production from the owners ► Yes, they both live in the United States ► The sane members of the family looked at each other like the aunt and uncle each had an extra piece of crazy cake at dinner ► Capitalism and democracy has done pretty well for America; the crazy aunt and uncle were talking about socialism

The Rise of Socialism ► Inequality makes people question things ► A few people became enormously rich but most people became poor from the Industrial Revolution ► Amongst the poor were the workers, who made the things factory owners got rich from ► Some reformers felt ownership and the operators of the means of production had to change so wealth would be divided up more evenly

The Rise of Socialism ► What is Socialism? ► Governments own the means of production ► They did not believe competition was essential ► Everyone, not just capitalists and factory owners, had a right to share in the profits ► Utopian socialists thought that people could live peacefully and work with each other in small cooperative settlements ► Key person: Robert Owen  He thought if people lived in a good environment they would stop acting selfishly

Karl Marx, Friedrich Engels, and Marx’s Beautifully Wild Beard (p. 373) ► Marx believed utopian socialism was impractical and capitalism should be destroyed ► Marx believed all great changes in history had come from changes in economic conditions ► Marx and Engels published The Communist Manifesto in 1848 ► “The history of all hitherto existing society is the history of class struggles.” –The Communist Manifesto ► Countries thought Marx was the crazy uncle as he was banished from several European countries ► Marx preached that each stage of history involved inequality and struggle between property owners and non- property owners

Marx’s Beliefs ► All wealth is created by labor ► In capitalism, labor receives only a small fraction of the wealth it creates (owners get most) ► Marx predicted the proletariat would forcibly remove capitalists and seize power in industrialized countries ► Many Marxists believed the only way to establish governments that owned the means of production and controlled all economic planning was through violent revolution (this is called communism) ► Some Marxists believed socialism could develop gradually through education and democratic forms of government (this is called democratic socialism)

THE Quote ► Karl Marx’s famous quote: ► “From each according to his abilities, to each according to his needs.” ► What do you think that means?

Lastly… ► I want you to talk about reform laws, labor unions, strikes and how they influenced all of the different groups we’ve talked about ► Why do the following matter? Bullet point it in the next 5 minutes in your notebook  Factory Owners  Factory Workers  Utilitarians  Socialists  Capitalists  Unions  Strikes