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View the following sets of pictures. Directions: Pick a picture, and write the following: Overview (what do you see in the whole picture) Parts of the picture (specific details w/in) Title (create a title) Inside the Image (hypothesize a background story) Conclusion (Your overall conclusion to the picture)
INDUSTRIAL REVOLUTION CONTEXT
OPTIC Directions
Change
throughout Great Britain, Continental Europe, & The United States led to the Industrial Revolution These same countries will also become World Leaders!
Results of Enclosure
DEVOLOPING
GOODS Needs: Water power & Coal Iron Ore Rivers Harbors
MACHINE
Factors of Production?
Cant fit in a house!
New Inventions!
Brainstorm at least 3 ways in which the government has touched your life already today (Hint: You (hopefully!) brushed your teeth this morning with FDA approved toothpaste.)
French for Let do. Or let
business do as it pleases Pure Market economic theory with no govt interference in economy letting business & industry set
working conditions with NO GOVERNMENT interference Idea came from French Enlightenment economic philosophers
Adam Smith The Wealth of Nations Adam Smith The Wealth of Nations
Capitalism
Maximizes liberty (And competition)
Everyone is free to pursue economic activity independently and individually: Free Enterprise Economic system in which factors of production are privately owned with profit as the goal Goods and services are produced for profitable exchange.
Capitalism
Profit=Motivator, Competition=Regulator Pure capitalism= EVERYTHING run by private sector No redistribution of income Focus on individual Laissez Faire Capitalism ie : Smith, Malthus Against ANY GOVERNMENT help for poor workers such as minimum wage laws, or better working conditions
world where we must depend on others, but where humans are by nature self-interested individuals? Solution free market, appears chaotic & unrestrained - actually guided to produce right amount & variety of goods by an invisible hand.
There, there it is againthe invisible hand of the marketplace giving us the finger.
Founded by English Philosopher
Utilitarianism
Jeremy Bentham modified Adam Smith Judge ideas, institutions and actions based on how useful they are
Early advocate animal rights Separation of church and state Freedom of expression Equal rights for women End of slavery Ending physical punishment
Jeremy Bentham
Jeremy Bentham
Socialism
Communist Logic
between classes
Bourgeoisie and Proletariat Haves and Have Nots
the rich
state, poor must violently overthrow the government 5. Absolute control would be needed to transition to classless society
Communism became EXTREMELY
In practice
Communism VS Socialism
issues with production and economy, owning resources as an equal group Ultimate goal: No government necessary
political using Socialist ideals to gain support The ideal goal is to eliminate the state in a classless society, removing government from the picture Socialism is considered to be liberal Government maintains control over resources and economy
over resources and economics Influence control of producers and consumers in society to maintain equality
Predicts proletariat will overthrow owners The proletarians have nothing to lose but their
methods Capitalism:
form of capitalism, sprinkled with socialism Can produce extreme wealth, extreme poverty 20th century showed pursuit of wealth brings robust and resilient economy driven by incentive Government has been needed to intervene when large private firms start to flounder INDUSTRIAL REVOLUTION CONTEXT
that time for communism had arrived advocated achieving communism in violent rev. where workers (PROLETARIAT) overthrow capitalist/owners (BOURGEOISIE)
Marx felt history would follow this scientific pattern: FEUDALISM CAPITALISM COMMUNISM Communism is inevitable
Published in 1848 Revolts happened in Europe in 1848-1849 but were suppressed In 1900s Marxism will inspire Lenin in Russia, Mao Zedong in China, Fidel Castro in Cuba, etc. These leaders will adapt Marxism to their own needs
Marx said after the revolution there would be a temporary dictatorship of the
proletariat for transmission but that state would wither away proletariat
COMMUNIST IDEOLOGY
Marxism now viewed as a failure, but profound intl impact over last 150 years
COMMUNISM TODAY
Communism: Central planning committee makes decisions regarding production & economy & group owns resources collectively
Growth of unions Strikes Reform Laws Reform movement spreads to: Abolition Womens rights Prisons Schools British Artisans in 1800s who
Labor Movement
they felt were leaving them without work (they were skilled workers) & against horrible factory conditions Movement was strong for short time and fought with British Army. There was a mass trial at York in 1812 that resulted in many executions and imprisonments