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REFORMING THE INDUSTRIAL WORLD

REFORMING THE INDUSTRIAL WORLD. Jeremy Bentham. Utilitarianism – Gov’t actions are useful only if they promote the greatest good for the greatest number of people. Labor Unions. Union – An association of workers, formed to bargain for better working conditions & higher wages. Labor Unions.

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REFORMING THE INDUSTRIAL WORLD

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  1. REFORMINGTHEINDUSTRIALWORLD

  2. Jeremy Bentham • Utilitarianism – Gov’t actions are useful only if they promote the greatest good for the greatest number of people

  3. Labor Unions • Union – An association of workers, formed to bargain for better working conditions & higher wages

  4. Labor Unions • Collective Bargaining – Using the strength of a unified group to negotiate equal compensation for all the members of a union • Strike – To refuse to work in order to force an employer to meet certain demands

  5. Economic Philosophers Social Reformers • What were the basic ideas of each philosopher? • How did each reformer try to correct the ills of industrialization?

  6. Adam Smith • Economic Freedom • Gov’t should not interfere in the Economy

  7. Adam Smith 3 laws of Economics 1.Self Interest – People will work for their own good 2.Competition – Competition forces people to better the product 3.Supply & Demand – Enough goods will be produced at the lowest price to meet the needs of the people

  8. Thomas Malthus • Population increases more rapidly than the food supply • Wars & Diseases are needed to control the population

  9. David Ricardo • The poor will always be poor • As population rises, more workers are created therefore decreasing wages

  10. John Stuart Mill • Gov’t should control divisions in wealth • Divide profits equally • Women’s rights

  11. Robert Owen • Founder of Socialism • Provided Low rent housing • No kids under 10 worked • Provided free schooling

  12. Charles Fourier&Henri de Saint-Simon • Worked to have Socialism replace free market capitalism

  13. Karl Marx&Friedrich Engels • “The Communist Manifesto” • Predicted the destruction of the capitalist state & the creation of a classless communist state

  14. William Wilberforce • Led the fight against slavery in Great Britain & it’s Empire

  15. Jane Addams • Ran settlement houses to provide for the poor. • “Hull House”

  16. Horace Mann • Free Schooling for all Children

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