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Capitalism, Socialism, Communism,, Fascism Lorraine Richards Montebello High School, CA richards_lorraine@montebello.k12.ca.us TYPES OF GOVERNMENT
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Capitalism
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First In Use End/ Middle Ages domestic system laissez faire mercantilism.
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Capitalism Goal Private investment for profit.
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Capitalism Theory Who owns Property Private ownership, individuals invest in corporations or individual business
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Capitalism Practice Who Owns Property Private ownership, government owns some property.
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Capitalism Theory Form of Government Can be any form except totalitarianism.
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Capitalism Practice Form of Government Generally democracy with representation, Early capitalist often autocratic.
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Capitalism How Government takes Control Peacefully, democratically, people voting.
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Capitalism Theory Which Classes Benefit Most? Those who invest.
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Capitalism Theory Which Classes Benefit The Least? No one, everyone can invest
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Capitalism Practice Which Classes Benefit Most? Rich, investors (unless bad investing), upper and middle classes.
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Capitalism Practice Which Classes Benefit the least? Poor- unable to invest.
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Capitalism Modern Examples U.S., much of Latin America
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Capitalism Amount of Individual Freedom Greatest under laissez faire but many freedoms in democratic Countries.
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Socialism
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First In Use Early 1800’s Owen, Fourier, St. Simon, Blanc. Fabianism. Joseph Fourier
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Socialism Goal Working together for improvement of economy and community.
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Socialism Theory Who Owns Property Everyone owns everything collectively, public ownership.
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Socialism Collective farms, most socialist countries government owns major industry Practice Who Owns property
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Socialism Theory Form Of Government Direct democracy, everyone makes collective decisions.
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Socialism Practice Form Of Government Generally democratic.
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Socialism How Gov’t Takes Control Usually democratic and peaceful.
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Socialism Theory Which Classes Benefit The Most? None (or all) classes society, all benefit equally.
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Socialism Theory Which Classes Benefit The Least? None - classless society
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Socialism Practice Which Classes Benefit The Most? None, some may be wealthier but all benefit equally.
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Socialism Practice Which Classes Benefit Least? Those who oppose society may be ostracized.
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Socialism Amount Of Individual Freedom More government control than capitalist countries but many freedoms.
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Socialism Modern Examples Collective farms (Israel), Scandinavia.
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Communism
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First In Use Early 1900’s Bolsheviks 1850- Marx
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Communism Goal No private ownership, classless society, international takeover.
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Communism Theory Who Owns Property All public ownership.
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Communism Practice Who Owns Property All public property, but individuals able to own small portions.
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Communism Theory Form Of Government Oligarchy of workers OR everyone makes collective decisions.
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Communism Practice Form Of Government Usually oligarchic, party controls legislature and executive decisions
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Communism How Gov’t Takes control Revolution, Force.
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Communism Theory Which Classes Benefit The Most? Workers, peasants immediately, eventually a classless society.
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Communism Theory Which Classes Benefit The Least? Wealthy persons
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Communism Practice Which Classes Benefit The Most? Communist Party members and Politburo.
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Communism Practice Which Classes Benefit The Least? Wealthy or religious persons.
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Communism Amount Of Individual Freedom Strict obedience to government, strong censorship, opposition to government not allowed.
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Communism Modern Examples North Korea, Cuba, and China.
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Fascism
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First In Use Mussolini
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Fascism Goal Government control of economics while letting private ownership. Anti fascist newspaper
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Fascism Theory Who Owns Property Private ownership but under strict government control.
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Fascism Practice Who Owns Property State regulates industries and property though privately owned. Leon Trotsky
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Fascism Theory Form Of Government Totalitarian autocracy or oligarchy.
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Fascism Practice Form Of Government Totalitarian autocracy or oligarchy.
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Fascism How Gov’t Takes Control First peaceful and then by force.
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Fascism Theory Which Classes Benefit Most? Upper classes keep wealth, workers get government help.
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Fascism Theory Which Classes Benefit Least? “None-pure” classes, communists.
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Fascism Practice Which Classes Benefit Most? Capitalists and upper classes, unemployed get jobs.
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Fascism Practice Which Classes Benefit Least? Communists, and socialist, non- Fascists. The League of Nations votes to impose deliberately ineffectual economic sanctions against Italy for its invasion of Ethiopia.
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Fascism Amount Of Individual Freedom Personal acts restricted, strong censorship, police state, totalitarian.
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Fascism Modern Examples None clearly so today Fascist Italian Flag
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