Key concepts: LiberalismMarxism CapitalismSocialism CommunismFascism AnarchismConservatism.

Slides:



Advertisements
Similar presentations
Industrial Revolution
Advertisements

THE INDUSTRIAL REVOLUTION Capitalism v. Socialism
Government Chapter 1.
FATHER OF MODERN COMMUNISM
Capitalism, Socialism, and Communism
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.
1 Chapter 22 Practice Quiz Tutorial Economies in Transition ©2004 South-Western.
Dr. Afxendiou AP Comparative Government and Politics Sachem North High School COMMUNIST AND POST-COMMUNIST COUNTRIES.
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.
Who’s the man with the economic plan?
LIBERALISM AND SOCIALISM Ideologies of the state.
Economic Systems Capitalism, Socialism & Communism
Economics of the Industrial Revolution. The Industrial Revolution opened a wide gap between the rich and the poor. While business leaders believed the.
Chapter 23: Comparative Economic Systems Section 2
ALL ABOUT ADAM SMITH Father of Capitalism. What book did he write? Inquiry into the Nature & Causes of the Wealth of Nations (a.k.a…The Wealth of Nations.
Capitalism versus Marxism
Aim: In what ways do Communism and Capitalism Differ?
Political Ideologies of WWII Mr. Robertazzi WWII Unit.
Economics  What?  How?  Who?. Economic System:  A particular set of social institutions which deals with the production, distribution and consumption.
Why did Classical Liberalism Begin? LETS FIND OUT. By Haley Humeny and Riane Borgfjord.
Reaction and Reform: New Economic Theories
Government Chapter 1 People and Government
Introduction to Business, Economic Resources and SystemsSlide 1 of 60 Making Decisions About Production No society has enough productive resources available.
Economics of the Industrial Revolution. Problems of Industrial Revolution  Time to look for solutions! Some believed the market would fix the problems.
Reaction and Reform: New Economic Theories World History - Libertyville HS.
Economic Theories Economics: A study of human efforts to satisfy seemingly unlimited wants through the use of limited resources. Resources include both.
Vocabulary Adam Smith- Wrote “The Wealth of Nations” and promoted the economic theory of capitalism. Laissez-Faire- French term meaning the government.
POLITICAL / ECONOMIC IDEOLOGIES An overview of ideas from Communism to Capitalism.
Origins of Western Democratic Liberalism Social 30-2.
Economic Systems Three Basic Questions Due to scarcity, individuals, governments, and businesses, must make decisions about what to produce. The type.
Ideology An ideology is a set of ideas that constitute one's goals, expectations, and actions. To understand political changes we need to determine the.
Ideology An ideology is a set of ideas that constitute one's goals, expectations, and actions. To understand political changes we need to determine the.
Economic Visionaries. Father of Capitalism 1776 wrote “The Wealth of Nations” Division of labor creates greater productivity and wealth Competition keeps.
Unit 2 Review Economics is the study of _____________, _________________, and ______________ Production, consumption and distribution.
A Tale of Two Economists
Foundations of Modern Political, Social, and Economic Thought
A Tale of Two Economists Adam Smith & Karl Marx. Adam Smith A Scottish professor of logic at the University of Glasgow Described as the typical absent.
Capitalism, Socialism, and Communism
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.
19th Century Economics edit from same title by WBPhillips.
Warm Up: 08/26/ What are the 3 questions every economic system must answer? 2.What are the 3 major economic theories discussed in Section 4, of Chapter.
ECONOMIC SYSTEMS An economic system is an organized way a society provides for the wants and needs of its people, or how a society answers the three basic.
Capitalism and Socialism Or Free Market System and Command Economies.
ECONOMIC SYSTEMS An economic system is an organized way a society provides for the wants and needs of its people, or how a society answers the three basic.
Economic Theories. Economics Limited Resources Unlimited Wants Governments Regulate Resources Through Various Economic Systems Economic Systems Decide.
Socialism, Communism, Fascism. Let’s Review… Liberalism was a reaction to feudal society, involving:  focus on the individual, idea of responsible gov’t,
Intro to Individualism To what extent should the values of individualism shape an ideology?
HOLT, RINEHART AND WINSTON A MERICAN GOVERNMENT HOLT 1 Comparing Political and Economic Systems Section 1: Capitalism Section 2: Socialism Section 3: Communism.
Types of Economies UNIT VI – Fundamentals of Economics.
Opposition to Classical Liberalism. Classical liberalism was more concerned with industrial efficiency and the accumulation of private wealth than it.
Communism, Socialism and Capitalism What’s the difference?
World War II Unit 5 RMS IB Ms. Hunt. Rise of Dictators Many democratic nations of Europe turned to dictatorships Causes – Economic Chaos- Great.
Utilitarianism and Natural Rights  Harriet Taylor and John Stuart Mill  Taylor and Mill shared a long personal and professional intimacy, but even after.
Friday Feb 3rd “The meaning of peace is the absence of opposition to socialism” Karl Marx LAST DAY FOR PENNIES FOR PATIENTS HAVE YOU MET YOUR CLASS GOAL?
Various Types of Government “isms”
Political Systems The purpose of government is to provide organization and security. People give up some of their right to be free and the government balances.
Test on Political Systems
What did we even learn last class?
Identifying Ideological Perspectives
Thinkers, Beliefs, Radicalism, and Classical Liberalism.
Thinkers, Beliefs, Radicalism, and Classical Liberalism.
Warm-up In one paragraph (6-8 sentences) answer the following question. Include 3 examples or pieces of evidence. How are industrialization, revolution,
Capitalism, Communism, and Reform
Industrial Revolution: Radical Responses
Warm Up List the 3 branches of Government
Economic Systems.
Capitalism & Socialism
Origins of Classical Liberalism
Capitalism & Socialism
Presentation transcript:

Key concepts: LiberalismMarxism CapitalismSocialism CommunismFascism AnarchismConservatism

 Liberalism is the dominant ideology in western democracies Stresses individual rights and freedom of choice Role of government is to promote personal freedom and reduce inequities

 Two of the most influential thinkers in the creation of liberalism  Both believed that humans are equal and independent  According to Locke and J. S. Mill, humans have inalienable rights: Life, liberty, equality and property

 People are: born free and equal rational and reasonable  People must give consent to the government in order for it gain power  Primary role of government is to protect freedom and security

 Accepted Locke’s ideas of liberalism but believed in unrestricted self expression and independence  Humans should have the ability to pursue their own interests in whatever way they so choose, as long as it does not interfere with the right of others to do the same

 Stresses a moral responsibility to respect past traditions, cultures and habits Can be cultural, religious or personal  Change must occur slowly  Rejects violent or revolutionary changes

 Leader in developing ideology of conservatism  Believed in a social contract among all of humanity – living, dead and yet to be born

 Burke wrote about the French Revolution Rejected the idea of dramatic and radical change in such a short period of time Idea justified by Reign of Terror

 Ideology based primarily on the principles of economic freedom  Basic ideas of capitalism were introduced by Adam Smith

 Smith argued that individuals are motivated by self-interest to improve their situation  This results in an (unintentional) improvement in the economic well-being of society  Writing at a time of great change in Europe as England began the industrial revolution  Personal wealth was becoming easier to obtain More opportunities for people to look out for individual interests

 Introduces the concept of an “invisible hand” that guides the economy  Individuals works to provide personal economic security while at the same time promoting the interests of society Eg. Individuals innovate, create the best products and services they can to compete in a market. This benefits the consumer.

 Socialism is based on principles of collectivism  In particular socialism focuses on the rights and interests of the working class  Two main branches of socialism: Marxism (scientific socialism, communism) Democratic socialism (social democracy)

 Generally considered the father of socialism  Marx divided society into two main classes: The Proletariat (the working class) The Bourgeoisie (the ruling class)  Marx believe that these two classes were in constant struggle Most societal problems could be attributed to this struggle the proletariat is a revolutionary class who will eventually overthrow the ruling class creating a society where there is equality without class distinctions; production and well-being is controlled by the state

 Private property should be abolished  Only workers should profit from their labour, not the employers or owners of companies  Because every worker has a stake in the enterprise they have incentive to work harder

 Marx wrote The Communist Manifesto which outlined many of his ideas  Communism as we know it today differs from what Marx’s original ideas  Marxism is a form of communism based on Marx’s ideas but upon learned what the so-called Marxists were practicing, Marx declared that he was NOT a Marxist.

 Communism owes as much to Karl Marx as it does to Vladimir Lenin  Like socialism, communism is concerned with collective interests and the struggle between the proletariat and the bourgeiosie

 Lenin expanded on the ideas of Marx to include a greater role of the government  In Lenin’s model, once the proletariat became the government, it would maintain total control over society  Private property would be abolished and each worker would work according to his/her abilities and receive according to his/her needs.

 Lenin led a communist revolution in Russia that effectively ended the rule of the Russian monarchy

 The fascist ideology can be credited to Benito Mussolini and Adolf Hitler  Fascism emphasized extreme nationalism, service to the state, authoritarian leadership, violence, militarism and a hatred of communism  On the other hand it is a collectivist ideology like communism  Nazi is an acronym for the National Socialist German Worker’s Party

 Founder of fascism  First published his philosophy of fascism in 1932  Believed that the state should be the primary focus of individuals In some ways it shares collectivist values with socialism Meaning to an individuals life could be found in devotion and service to the state

 Hitler believed strongly that the elite should rule The strongest, most intelligent people should rule because the rest of society was incompetent to realize or understand their needs and wants  Just as he put more value on certain individuals, he placed more value on certain races Social Darwinism  He applied this policy not just to political leadership, but to his views of mankind He used these ideas to defend the racist policies of the Nazi party

 Anarchism is an ideology that stresses the right of individuals to organize their lives free from government domination  Can range from complete freedom, to complete collectivism

 Kropotkin believed that anarchism had to rely on economic and political freedom for individuals  Individual freedom will result in the pursuit of common goals such as mutual agreements and contracts between individuals  In the absence of government regulations and laws, people will develop their own regulations that may be better suited for their specific situations