1. What’s Up with All the isms?

2. 1.Socialism: the belief that the means of production should be owned and operated by and for the people in general rather than by and for private individuals.

3. 1.Socialism: You have two cows. Give one to your neighbor.

4. 3.Karl Marx: German philosopher who, with Frederick Engels, published The Communist Manifesto predicting class struggle.

5. 4.Communism: 4. Communism: in practice, a system in which a small elite controlled the political and economic life of a nation.

6. 5.Communism: You have two cows. Give both cows to the government, and they might give you some of the milk.

7. 6.Fascism: any centralized, authoritarian government that is not communist whose policies glorify the state over the individual and are destructive to basic human rights.

8. 7.Fascism: You have two cows. You give all of the milk to the government, and the government sells it.

9. 8.Nazism: You have two cows. The government shoots you and takes both cows.

10. 9.Anarchism: You have two cows. Keep both cows, shoot the government agent and steal another cow.

11. 10.Capitalism: an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

12. 11.Capitalism: You have two cows. Sell one cow and buy a bull.