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Published byAbraham McDowell Modified over 6 years ago
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Focus 10/17 In 1848, Karl Marx and Friedrich Engels wrote the Communist Manifesto. In this writing, they predicted the proletariat would eventually rise up, overthrow the capitalist system and create a classless society. The proletariat would than take over the means of production. Points for Discussion: Why would someone reject capitalism? Critical Lens: Capitalism, by it’s nature, produces some degree of poverty. Term to Know: Proletariat
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Competing Philosophies of the Industrial Revolution
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Competing Philosophies
Adam Smith supported laissez faire economics, in which consumers dictated the economy
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Competing Philosophies
Laissez-faire capitalism – businesses cooperate with little government regulations
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Competing Philosophies
Thomas Malthus – believed population would grow faster than food supply, so government should not help the poor
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Competing Philosophies
Social Darwinism – idea that people who succeeded in business were more “fit” than others
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Competing Philosophies
Social Darwinism led to an increase in imperialism and racism
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Competing Philosophies
Socialism concentrated less on the interests and rights of individuals, but more and the interests of society as a whole
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Competing Philosophies
Utopian Socialists, like Robert Owen of Scotland, tried to create self-sufficient communities where all property would be shared
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Competing Philosophies
Marxist Socialism – Karl Marx and Friedrich Engels write The Communist Manifesto
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Competing Philosophies
Marx encouraged the workers (Proletariat) of the world to unite and take control of the means of production
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Competing Philosophies
Beliefs of Marx as written in Communist Manifesto Proletariat is taken advantage of by capitalists Proletariat would rise up against capitalists Proletariat would create a classless society where all workers would control means of production
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Competing Philosophies
Capitalism (Adam Smith) vs. Socialism (Karl Marx)
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Competing Philosophies
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Closure Pick a side!!!!! In a persuasive paragraph, convince me to become either a capitalist or a socialist.
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