3/17/14

“U.S. economic system”

1.Is the United States’ economic system pure capitalism, pure socialism, or some combination of both?

2.Give some examples to back up your answer.

On desk: Use your worksheets from Rock, Paper, Scissors game to help you.

pure CAPITALISM:

•Private ownership of industries & companies

•No government regulations (rules)

•Freedom of competition for profit

•Results in unequal economic classes (rich & poor; winners & losers)

pure SOCIALISM:• Government owns and runs

industries & companies• “Profits”/taxes go to the govt. • Resources would be distributed

equally by the govt.• Goal is economic equality & a

classless society

U.S. = capitalism? U.S. = socialism?

3/17/14

World History Agenda

1.Debrief Communist Manifesto, part 2

HW: let you know @ end of class

Honors: Animal Farm ch. 4 – 7 due Friday

Communist Manifesto, Passage #1“II. It is high time that Communists should openly, in the face of the whole world, publish their views, their aims, their tendencies, and meet this nursery tale of…Communism with a manifesto of the party itself.”

1.Summarize what the authors are saying here in one sentence.

2.What do they mean when they say “this nursery tale of…Communism”?

Communist Manifesto, Passage #2“The modern bourgeois society…has not done away with class antagonisms. It has but established new classes, new conditions of oppression, new forms of struggle in place of the old ones. Our epoch, the epoch of the bourgeoisie, possesses, however, this distinct feature: it has simplified class antagonisms. Society as a whole is more and more splitting up into two great hostile camps, into two great classes directly facing each other – Bourgeoisie and Proletariat.”

1.What is the problem that the authors think modern society should have solved by now that in reality they have not solved?

2.Summarize paragraph #2 in one sentence.

Communist Manifesto, Passage #3“The bourgeoisie keeps more and more doing away with the scattered state of the population, of the means of production, and of property. It has agglomerated population, centralized the means of production, and has concentrated property in a few hands.

But not only has the bourgeoisie forged the weapons that bring death to itself; it has also called into existence the men who are to wield those weapons – the modern working class – the proletarians.”

1.What was society like before this era of the “bourgeoisie?”2.How have the bourgeoisie changed society?3.Who do the authors think are going to “bring death” to the bourgeoisie?4.How are the authors implying that “…the bourgeoisie forged the weapons that bring death to itself;”?

Communist Manifesto, Passage #4

Of all the classes that stand face to face with the bourgeoisie today, the proletariat alone is a really revolutionary class. The other classes decay and finally disappear in the face of Modern Industry; the proletariat is its special and essential product.”

1.What do the authors mean by saying, “…the proletariat alone is a really revolutionary class,”?

2.What happens to the other classes?

Communist Manifesto, Passage #6

In this sense, the theory of the Communists may be summed up in the single sentence: Abolition of private property. You are horrified at our intending to do away with private property. But in your existing society, private property is already done away with for nine-tenths of the population; its existence for the few is solely due to its non-existence in the hands of those nine-tenths.”

1.What is the authors’ summary of communism?

2.How do they try to justify this?

Communist Manifesto, Passage #7

“1. Abolition of property in land and application of all rents of land to public purposes. 3. Abolition of all rights of inheritance. 5. Centralization of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly. 6. Centralization of the means of communication and transport in the hands of the State. 8. Equal liability of all to work. 10. Free education for all children in public schools.”

1.Summarize each group of rules in one sentence & state which economic system it is describing:• #1 & #3:• #5 & #6:• #8 & #10:

Communist Manifesto, Passage #7

“1. Abolition of property in land and application of all rents of land to public purposes. 3. Abolition of all rights of inheritance.

1.Summarize each group of rules in one sentence & state which economic system it is describing:

• #1 & #3:

Communist Manifesto, Passage #7

“5. Centralization of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly. 6. Centralization of the means of communication and transport in the hands of the State.”

1.Summarize each group of rules in one sentence & state which economic system it is describing:

• #5 & #6:

Communist Manifesto, Passage #7

“8. Equal liability of all to work. 10. Free education for all children in public schools.”

1.Summarize each group of rules in one sentence & state which economic system it is describing:

• #8 & #10:

Communist Manifesto, Passage #8

“When…class distinctions have disappeared, and all production has been concentrated in the hands of a vast association of the whole nation, the public power will lose its political character. Political power, properly so called, is merely the organized power of one class for oppressing another. ”

1.What do the authors mean when they say, “…the public power will lose its political character.” What form of economic system does this sound like?

2.What is the authors’ argument against political power?

EXIT TICKET:

What aspects of Marx & Engels’ Communist Manifesto do you agree with & why?

What aspects of Marx & Engels’ Communist Manifesto do you disagree with & why?