Presentation on theme: "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."— Presentation transcript:
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 as everyone else, making all people equal or would it be better to live where you can choose what you want to do, everyone makes different amounts of money, and not everyone can afford the same things as everyone else? Explain why you chose the one you did.
Capitalism private ownership of the means of production and distribution of goods free competitive market and motivation by profit money is used to make more money. Socialism means of production and distribution are controlled by the people operated according to equity and fairness rather than market principles owners share profits with workers.
Industrialization gave some a higher standard of living, but struggling workers turned to trade unions or socialism to improve their lives Problems: overcrowding, slums, long hours, mind-numbing tasks
1848 The Communist Manifesto Karl Marx and Friedrich Engels Blamed capitalism for poor conditions in factories All of world history was a “history of class struggles.” Oppressor owns means of production (land, raw materials, money, etc) They have all the power Oppressed owns nothing, and has to depend on the oppressor
Bourgeoisie middle-class and oppressors Proletariat worker-class and oppressed Struggle between two would lead to revolution Proletariat would win and establish a dictatorship Final revolution would produce a classless society
German Social Democratic Party (SPD) 1875 Advocated revolution Passed laws that would improve conditions for working class Four million votes in 1912 elections Largest party in Germany ▪ German constitution gave greater power to the upper house and the German emperor so the SPD didn’t have the changes it really wanted
Pure Marxists capitalism could only be defeated by violent revolution Revisionist Marxists workers must continue to organize in mass political parties and achieve goal by working within democratic system
Unions had to get the employer to recognize its right to represent workers in collective bargaining Process whereby union representatives negotiate with employers over wages and hours Right to strike Union calls on its members to stop work in order to pressure employers to meet their demands for higher wages or improved factory safety At first, laws against striking Great Britain right to strike 1870s