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10/22/13 “Communism” 1.When you hear the words “communism” or “socialism,” what comes to your mind? 2.Oh look! Enough candy for 3 days of class! Take some.

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Presentation on theme: "10/22/13 “Communism” 1.When you hear the words “communism” or “socialism,” what comes to your mind? 2.Oh look! Enough candy for 3 days of class! Take some."— Presentation transcript:

1 10/22/13 “Communism” 1.When you hear the words “communism” or “socialism,” what comes to your mind? 2.Oh look! Enough candy for 3 days of class! Take some for today, but do not eat them yet.

2 10/22/13 “Communism” When you hear the words “communism” or “socialism,” what comes to your mind?

3 10/22/13 Econ. Agenda 1.Due yesterday: F.B. Quests (edited) & Basic Econ. Theories wksht. 2.Karl Marx’s Theory of Communism (class notes) Capitalism vs. socialism vs. communism 3.Rock, Paper, Scissors game – with candy! HW: RPS game reflection questions

4 Karl Marx ( ) German economic philosopher

5 In the 1800’s, Marx witnessed the uncontrolled capitalism of the Industrial Revolution… CAPITALISM: Private ownership of industries & companies No government regulation Freedom of competition for profit Results in unequal economic classes (rich & poor; winners & losers)

6 Marx argued that such capitalist systems would inevitably result in class struggle between the rich and the working classes. VS. Owners of industry (The Rich) The workers (proletariat)

7 The inevitable result of this class struggle, Marx thought… …would be a worker’s revolt.

8 In 1848, Marx and Frederich Engels published The Communist Manifesto, in which they stated their ideas, namely that the proletariat (working class) would eventually rise up and defeat the wealthy capitalists.

9 SOCIALISM: Government owns and runs industries & companies “Profits”/taxes go to the govt.  Resources would be distributed equally by the govt. Goal is economic equality & a classless society Once the proletariat came into power, Marx thought, they would create a new economic system, called…

10 Eventually, Marx thought the need for government would fade away because everyone would live by sharing their resources, striving for equality rather than for greed and profit.

11 Marx envisioned this final goal of a worker’s revolution as… -----> Worker’s revolt COMMUNISM: Classless/equal society is achieved No government needed to enforce rules

12 Rock, Paper, Scissors Game Each person gets candy Class has 7 minutes to play RPS with as many people as possible Winner gets one piece of losers’ candy

13 Rock, Paper, Scissors Game When you run out of candy, you must sit down on left side of room & discuss these questions: 1.How do you feel now that you have run out of candy? 2.Was this game fair? Why or why not? 3.How could you get back in the game? 4.How do you propose to make the game more equal?

14 Rock, Paper, Scissors Game 1.How do you feel now that the game is over? 2.Do you think this game was fair? Why or why not? 3.What action could Harrison take to make the game more equal? Should he do so? Why or why not?

15 Rock, Paper, Scissors Game 1.How do you feel now? Was this action fair? Why or why not?

16 Communist Theory of Karl Marx Marxist Theory CAPITALISM Private ownership of industry Freedom of competition Results in unequal economic classes Rock, Paper, Scissors Game CAPITALISM Started with your own candy Played Rock, Paper, Scissors Some won, some lost

17 Communist Theory of Karl Marx Marxist Theory CLASS STRUGGLE Upper class & working class struggle over wealth WORKERS REVOLT Working class carries out plan to overtake upper classes Rock, Paper, Scissors Game CLASS STRUGGLE Discussed how winners and losers felt WORKERS REVOLT Planned to get candy back (stealing?) & argued about game’s fairness

18 Communist Theory of Karl Marx Marxist Theory SOCIALISM Govt. ownership of industry Goal is economic equality Aims for classless society Rock, Paper, Scissors Game SOCIALISM Harrison (govt.) collected candy Harrison redistributed equally Equal amount of candy for all!

19 Communist Theory of Karl Marx Marxist Theory COMMUNISM Classless society achieved; no more competition for profit No government needed Rock, Paper, Scissors Game COMMUNISM Students would refuse to play again & choose to share candy equally Harrison would no longer need to supervise

20 HW: Answer in complete sentences 1.What are the major differences between capitalism, socialism, & communism? 2.Based on this activity, what are some advantages of a socialist society? What are some disadvantages? Who might support socialism & who might not? 3.For each economic system below, choose the economic theory that most closely aligns with it (Keynesian or Trickle- Down), and explain why you think so. Socialism:Capitalism:

21 Based on this activity, what are some advantages of a socialist society? What are some disadvantages? ADVANTAGESDISADVANTAGES

22 Keynesian or Trickle-Down & why? SocialismCapitalism


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