1. Competing Economic Systems
Communism
Socialism
Fascism
Capitalism

3. Communism Country Used As Example
Soviet Union (USSR) (Russia)

4. Communism Owner of the Means of Production
Government
As the voice of the people

5. Communism Government Role in the System
Owns, distributes, plans, allocates

6. Communism Role of Individual in System
Works for the benefit of the whole society

7. Communism Assumptions About Political System
More important:
Equality
Economic security
Less important
Voting
Freedom of expression
Personal freedom

8. Communism Definition of “Human Rights”
Right to eat, to survive, to be seen as an equal

9. Socialism Country Used as Example
Britain (England) (U.K.)

10. Socialism Owner of Means of Production
Government owns much
Especially the big industries
Individuals own some
Especially smaller businesses

11. Socialism Role of Government
Owns & Controls some of economy
Regulates other parts heavily

12. Socialism Role of Individual
Some room for personal profit
But also has obligation to work for good of society

13. Socialism Assumptions About Political System
More personal freedom than in Communism, less than in Capitalism
Less emphasis on economic security than in Communism, more than in Capitalism

14. Socialism Definition of “Human Rights”
Involves both right to eat, survive, be secure with rights to vote, and have personal freedom

15. Fascism Country Used as Example
Germany and Italy

16. Fascism Owner of Means of Production
Individuals own & get the profit

17. Fascism Government Role in System
Ultimate decision maker in all affairs
Ultimate decider of allocation of resources

18. Fascism Role of Individual in System
Profit
OBEY!!!

19. Fascism Assumptions About Political System
Individual rights not important
Government to have total control
Usually a police state

20. Fascism Definition of “Human Rights”
“Human rights” not very important
Strength of the nation is the overall goal

21. Capitalism Country Used as Example
The United States

22. Capitalism Owner of the Means of Production
Mostly individuals

23. Capitalism Role of Government in System
Largely stays out (“laissez-faire”)
Possibly some regulation

24. Capitalism Role of Individual in System
Mostly to pursue individual interests and profit

25. Capitalism Assumptions About Political System
Less important:
Equality
Economic security
More important
Voting
Freedom of expression
Personal freedom

26. Capitalism Definition of “Human Rights”
Defined as the right of an individual to do more or less what s/he wishes to do
Freedom of choice, expression, voting, etc.