Bellringer

1
Bellringer

• Would you give points off of your grade in this
  class to help a classmate that is failing? Would
  you do this if that student slept through class
  everyday? (25 words)

Students, this six weeks you will receive the
class average on your report card.
2
Essential ?

• What are the differences between Capitalism and
  Socialism?

3
Grade Sheet
Assignments
Average
Student
1 2 3 4 5
6
1
100 90 90 100 100 100 96
80 60 70 90 100 40
73
2
3
100 100 100 100 100 100 100
4
90 90 90 90 90 90
90
5
0 0 40 0 20 0
10
4
Socialism
http//www.youtube.com/watch?vRF7GoDYEbfQ
Bill Maher
Howard Zinn

http//www.youtube.com/watch?v8rjYuaQ1Zhofeature
related
5
Socialism

• The public as a whole, in the form of the
  government, owns most of the important things and
  ideas used to make money.
• The government sets targets for production and
  plans the development of the economy.
• Wealth is equitably distributed to all people,
  reducing extreme differences in wealth among the
  people.
• Workers must be protected from being abused by
  the owners of companies.
• The government provides programs to assure the
  welfare of all citizens.
• Citizens are taxed to pay for social services,
  with the wealthier citizens carrying most of the
  burden.

6
Bellringer

• Look back at your bellringer.
• Can you label any of your solutions as socialist
  solutions?

Economic Problems
Your Solution
1.High Unemployment 2.Poverty (poor
people) 3.Government Debt 4. Businesses
failing 5. Children/Elderly people who dont have
providers.
1. 2. 3. 4. 5.
7
Venn Diagram

• Using your notes and what you have seen in the
  video clips to create a Venn Diagram comparing
  Capitalism and Socialism

8
Video - Capitalism, Socialism, Communism An
Introduction

• http//www.learn360.com/ShowVideo.aspx?ID128939

9
Karl Marx

• Communist Manifesto
• Blamed Capitalism for poor conditions in
  cities/factories
• History is a class struggle (haves and have nots)
• Proletariat (working class) must violently
  overthrow the bourgeoisie (middle class) and set
  up a dictatorship until society can be set up on
  socialist principles

10
Robert Owen

• Utopian Socialist striving for a perfect
  society
• Humans will show their natural goodness if they
  lived in a cooperative environment.
• Founded New Harmony, Indiana - it failed because
  not everyone was committed to his vision

11
Capitalism vs. Socialism

• On your own paper, make a list of the advantages
  and disadvantages (as you see them) of Socialism.
• Example

Socialism
Advantages Disadvantages


12
Capitalism vs. Socialism Persuasive Essay

• Choose the Industrial Economic philosophy
  (Capitalism or Socialism) which you would rather
  live under.
• Write a persuasive essay trying to convince your
  readers why your choice is the better of the two
  systems.
• Essay must be 4 paragraphs (25 words each).
• 1 paragraph Introduction
• 2 Paragraphs - Demonstrate knowledge of the
  principles of both philosophies. Describe them.
• Final Paragraph Conclusion. Give your opinion
  and sound reasons to support your position.