Communism and Capitalism

Communism and Capitalism and Nationalism

AKS 43B

Poll

When you hear Socialism on the news how is it normally described?

• Positively

• Negatively

Poll

When you hear Capitalism in news stories how is it normally described?

• Positively

• Negatively

The Truth

despite what you may have heard both communism (or socialism) and capitalism are neither Good nor evil...they are simply economic theories. What people do with them is what bends them into becoming forces of good and evil.

Karl Marx

• German Philosopher in mid 1800s and the father of communism

• created idea for system in his book "The Communist Manifesto"

• Determined to create a utopian state where all inequality was eliminated and working class had all the power

Open Ended

What are some famous communist nations of the last century (or current day)?

Adam Smith

• Scottish born philosopher and economist in late 1700s

• Father of Capitalism System

• Believed free market and no gvt interference was the key to prosperous economy.

• Famous book "The Wealth of Nations" lays out his ideas

Poll

So who wins? Which System is Better?

• Communism

• Capitalism

• neither

• both

Features of NATIONALISM

• extreme loyalty to country (even when they are wrong/evil)

• hostility towards anybody who is an "other" (Minorities, other relgions, gender, etc.)

• whats best for you and your people above all else.

• NOT TO BE CONFUSED WITH PATRIOTISM

Open Ended

CAN YOU THINK OF ANY CURRENT POLITICIANS WHO YOU COULD CALL NATIONALIST? WHO?