capitalism versus socialism
DESCRIPTION
Capitalism versus Socialism. Pizza Anyone?. Dominos Pizza Papa John's Pizza Pizza Hut Pizza. The Ultimate Price?. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/1.jpg)
Capitalism Capitalism versus versus
SocialismSocialism
![Page 2: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/2.jpg)
CapitalismCapitalism SocialismSocialism1.1. Individuals & Individuals &
businesses businesses own property own property & means of & means of productionproduction
1.1. The The community or community or state owns state owns property & the property & the means of means of productionproduction
![Page 3: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/3.jpg)
CapitalismCapitalism SocialismSocialism2.2. Progress Progress
results when results when individuals individuals follow their follow their own self-own self-interestinterest
2.2. Progress Progress results when a results when a community of community of producers producers cooperate for cooperate for the good of allthe good of all
![Page 4: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/4.jpg)
CapitalismCapitalism SocialismSocialism3.3. Businesses Businesses
follow their follow their own self-own self-interest by interest by competing for competing for consumer’s consumer’s moneymoney
3.3. Socialists Socialists believe that believe that capitalism capitalism takes takes advantage of advantage of the workerthe worker
![Page 5: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/5.jpg)
•Dominos Pizza
•Papa John's Pizza
•Pizza Hut Pizza
Pizza Anyone?Pizza Anyone?
![Page 6: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/6.jpg)
CapitalismCapitalism SocialismSocialism4.4. Each business Each business
tries to tries to produce goods produce goods or services or services that are better that are better & less & less expensive than expensive than those of those of competitorscompetitors
4.4. The The community or community or state must act state must act to protect to protect workers and workers and consumersconsumers
![Page 7: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/7.jpg)
CapitalismCapitalism SocialismSocialism5.5. Consumers Consumers
compete to compete to buy the best buy the best goods at the goods at the lowest priceslowest prices
5.5. Socialists Socialists believe that believe that capitalism capitalism creates an creates an unequal unequal distribution of distribution of wealthwealth
![Page 8: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/8.jpg)
• The The Ultimate Ultimate Price? Price?
The Ultimate The Ultimate Price?Price?
![Page 9: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/9.jpg)
CapitalismCapitalism SocialismSocialism6.6. Consumer Consumer
competition competition shapes the shapes the market by market by affecting what affecting what businesses are businesses are able to sellable to sell
6.6. Rather than Rather than competition, competition, goods should goods should be distributed be distributed according to according to each person’s each person’s needneed
![Page 10: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/10.jpg)
• Avalon (2005-2010)Avalon (2005-2010)• Camry (2007-2010)Camry (2007-2010)• Corolla (2009-2010)Corolla (2009-2010)• Highlander (2008-2010)Highlander (2008-2010)• Matrix (2009-2010)Matrix (2009-2010)• Prius (2004-2010)Prius (2004-2010)• RAV4 (2009-2010)RAV4 (2009-2010)• Sequoia (2008-2010)Sequoia (2008-2010)• Tacoma (2005-2010)Tacoma (2005-2010)• Tundra (2007-2010)Tundra (2007-2010)• Venza (2009-2010)Venza (2009-2010)
![Page 11: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/11.jpg)
CapitalismCapitalism SocialismSocialism7.7. Gov’t SHOULD Gov’t SHOULD
NOT interfere NOT interfere in the in the economy economy because because competition competition creates creates efficiency in efficiency in businessbusiness
7.7. Gov’t SHOULD Gov’t SHOULD control & control & regulate the regulate the economy to economy to protect protect workers & workers & consumersconsumers
![Page 12: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/12.jpg)
Capitalism v. Capitalism v. SocialismSocialism
• According to Karl Marx the According to Karl Marx the economy is a major force for economy is a major force for changechange
• Change generally occurs Change generally occurs through class strugglethrough class struggle
• The “HAVES” v. the “HAVE-The “HAVES” v. the “HAVE-NOTS”NOTS”
![Page 13: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/13.jpg)
Time Time PeriodPeriod
The The
““Haves”Haves”The The
““Have-Nots”Have-Nots”
EgyptEgyptPharaohs, Pharaohs,
priests, royal priests, royal families, etc.families, etc.
Slaves, Slaves, peasantspeasants
IndiaIndiaUpper castes: Upper castes:
priests & priests & rulersrulers
Lower castes: Lower castes: servants & servants &
slavesslaves
![Page 14: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/14.jpg)
Time Time PeriodPeriod
The The
““Haves”Haves”The The
““Have-Nots”Have-Nots”
MiddleMiddle
AgesAgesNobles, Nobles,
landownerslandownersPeasants, Peasants,
serfsserfs
Age of Age of IndustrIndustr
yy
Middle Class Middle Class (Bourgeoisie)(Bourgeoisie)
Factory Factory workers workers
(Proletariat)(Proletariat)
![Page 15: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/15.jpg)
Capitalism v. Capitalism v. SocialismSocialism
• Throughout history the Throughout history the “HAVES”:“HAVES”:
• Control politics & Control politics & governmentgovernment
• Create & control Create & control culture culture
![Page 16: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/16.jpg)
Capitalism v. Capitalism v. SocialismSocialism
• As a result of this As a result of this influence on society influence on society the “HAVES” have the “HAVES” have historically kept historically kept their position on their position on top of the top of the social social structurestructure
![Page 17: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/17.jpg)
Some Recent Some Recent StatisticsStatistics
• It has been suggested that the It has been suggested that the recent financial crisis has led to recent financial crisis has led to an increase in support for an increase in support for Socialism in the United States…Socialism in the United States…
• Statistics…Statistics…
![Page 18: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/18.jpg)
Some Recent Some Recent StatisticsStatistics
• 53% of American adults over the 53% of American adults over the age of 30 believe CAPITALISM is age of 30 believe CAPITALISM is better than SOCIALISMbetter than SOCIALISM
• Adults under the age of 30 are Adults under the age of 30 are divided; 37% CAPITALISM; 33% divided; 37% CAPITALISM; 33% SOCIALISM; 30% UNDECIDEDSOCIALISM; 30% UNDECIDED
![Page 19: Capitalism versus Socialism](https://reader035.vdocument.in/reader035/viewer/2022062221/56814889550346895db59f53/html5/thumbnails/19.jpg)
Capitalism v. Capitalism v. SocialismSocialism
• Pure Communism in Marx’s Pure Communism in Marx’s VisionVision::
• ALL “HAVES” & NO “HAVE-NOTS”ALL “HAVES” & NO “HAVE-NOTS”