Socialism and communism
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Socialism and Communism. Warm-up. 1. What type of economic system is found in pure socialism? A. command B. traditional C. free enterprise 2. What is on either side of the “economic spectrum?”. Content Objective.

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Socialism and Communism

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Socialism and communism

Socialism and Communism


Warm up

Warm-up

1. What type of economic system is found in pure socialism?

A. command

B. traditional

C. free enterprise

2. What is on either side of the “economic spectrum?”


Content objective

Content Objective

  • Today I will be able to distinguish between capitalist, socialist and communist economic systems by constructing a double bubble thinking map.


Capitalism

Capitalism

  • Advantages

    • Efficiency

    • Flexibility

  • Disadvantages

    • Are needs met?

    • Who builds roads?

    • Is it stable?


Socialism

Socialism

  • Mostly government owned businesses

  • Most are democracies


Socialism1

Socialism

  • Advantages

    • The unfortunate and unproductive still benefit from society

      • Healthcare, jobs, education, welfare

    • Leaders are elected


Socialism2

Socialism

  • Disadvantages

    • Lacks efficiency

      • Why work hard?

      • Very high taxes


Communism

Communism

  • Political and economic system

  • No private property

  • No free elections


Philosophy of marx

Philosophy of Marx

  • “All history is the history of class struggle”

    • All history is a continuing story of conflict between the haves and the have-nots.


Marxism

Marxism

  • Class differences disappear

  • All have equal access to

    • Food, shelter, clothing

    • Medical care

  • All receive full benefit from their labor

    • Factory owners no longer get rich on labor of workers


Communism theoretically

Communism- Theoretically…

  • Everyone works for everyone’s good

  • Consume according to your needs

  • No prices or wages

  • Who would Marx’s ideas appeal to?

  • Who would be opposed to Marxism?


Communism1

Communism

  • Advantages

    • No one’s ever fired

    • All needs provided


Communism2

Communism

  • Disadvantages

    • No individual freedom

    • Little say in job selection

    • Not free to move

    • Equal pay

      • Shoddy production


Exit ticket

Exit Ticket

  • In a double bubble map, compare and contrast capitalism, socialism, and/or communism.


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