• Effects of IR
    • Low wages, erratic markets
    • Workers discontent
      • Unions
        • More power, leverage
        • Collective bargaining
    • Growing literacy
      • Educated middle class
      • Some lower class
    • Expansion of ideals
    • Reform
      • Fix the problems the Industrial Revolution caused
    • Big Brother
      • Government needs power over economy, oversee it
      • How much is enough? How much is too much?
    • Imperialism
  • Capitalism
    • Wealth of Nations (Adam Smith)
      • Laissez-faire
    • Social Darwinism
      • If you are talented, you deserve your money
      • Competitive, the market distributes the money
        • Poverty
    • Causes of poverty
      • Increase in population
      • Surplus of workers
    • US Economy
      • Rising GDP (production)
  • Utilitarianism/Socialism
    • Jeremy Bentham
      • People should judge ideas based on usefulness
    • John Stuart Mill
      • Capitalism is bad
  • Socialism
    • Economic equality
      • Charles Fourier
      • Factors of production should be owned by the government
      • General Welfare
        • Government makes it fair for everyone
      • Government ends poverty
  • Utopian Idealism
    • “Perfect Society”
    • Robert Owen
      • Experimented, everyone share their resources
    • Henry Thoreau
      • Goodness of people
      • Government “encourages” principles of fairness
  • Radical Socialism – Communism
    • Karl Marx – The Communist Manifesto
      • Class struggle – have’s vs have-not’s
      • Food + Survival = Primary Concerns
      • Bourgesie vs Proletariat
    • Production owned by people
    • No government, all people are the same class
Advertisements