1. Socialism

2. HEIN’S THREE B’S OF TODAY • BOURGEOISIE ISSUES • BIAS • BENTHAM

3. Three Types of Socialism • Utopian Socialism • Early 19th century • Marxist Socialism • “Communist Manifesto” (1848) • Revisionist Socialism • Late 19th century

4. Critiques of Capitalism • Profit Motive (Extrinsic Motivation) • Possibility of Leisure • Economic InSecurity • unemployed wealthy • Education INEQUALITY • Inequality of women/welfare of children • Art • Public service • war

5. INTRO. • Is it possible for anyone to succeed in a capitalist system? Is it likely? • With Bentham’s framework in mind, do you believe a capitalist system is the most beneficial to the most people? Why or why not?

8. The Income Gap….

9. The Congressional Budget Office Says… • CBO finds that, between 1979 and 2007, income grew by: • 275 percent for the top 1 percent of households • 65 percent for the next 19 percent • Just under 40 percent for the next 60 percent • 18 percent for the bottom 20 percent.

10. Education Pays

11. Definition • State ownership of the means of production • State should control and plan the economy • Distribute wealth more equally

12. Competition Individual Production Cooperation Community Fair distribution of goods Compared to Capitalism

13. Sources of Marxist Socialism • French Utopian Socialists • French Revolution • Classical Economists • English Industrial Revolution • German Philosophy • Hegel

14. French Utopian Socialists • Saint-Simon • Charles Fourier • Louis Blanc • “Organization of Work” • Pierre Proudhon • “What is Property” • Also Robert Owen of England

15. Classical Economists • Iron Law of Wages • David Ricardo • Labor Theory of Value • Adam Smith • Combined to create Surplus Value • Surplus Value was robbery!

16. Hegelian Philosophy • Dialectic - all things evolve • Thesis + Antithesis = Synthesis • Synthesis becomes new Thesis • History unfolds through this inevitable process • Dialectical Materialism - economics replaces ideas in Hegel’s dialectic • The conflict is between classes over control of the means of production

17. Marx’s Hegelian Dialectic

18. Marx’s View of History • Aristocratic Rule • Bourgeois Rule • Revolution • Dictatorship of the Proletariat

19. Nine Arguments for Socialism • Breakdown of Profit Motive • Possibility of Leisure • Economic Security for All • Elimination of unemployed wealthy • Education • Emancipation of women/welfare of children • Art • Public service • war

20. The New Communist Order • No private Property • Economic equality • From each according to his abilities, to each according to his needs • Classless society • Worldwide revolution - no countries • No religion - tool of the upper classes • State eventually withers away

21. Imagine there's no Heaven It's easy if you try No hell below us Above us only sky Imagine all the people Living for today Imagine there's no countries It isn't hard to do Nothing to kill or die for And no religion too Imagine all the people Living life in peace You may say that I'm a dreamer But I'm not the only one I hope someday you'll join us And the world will be as one Imagine no possessions I wonder if you can No need for greed or hunger A brotherhood of man Imagine all the people Sharing all the world You may say that I'm a dreamer But I'm not the only one I hope someday you'll join us And the world will live as one Imagine- John Lennon

22. Appeal of Marxist Socialism • Scientific vs. Utopian • Facts and Processes • Socialism was a logical continuation of history

23. Marx’s Advice to Workers • A state of war existed with the bourgeoisie • Govt., law, morality, religion are weapons of the bourgeoisie - don’t trust them! • To rise above the proletariat is betrayal • Never negotiate for concessions! • Class consciousness must develop

24. Problems and Reactions • People did not want war necessarily • Loyalty to religion & country still strong • Difficult to commit to an unseen future • Owners increased wages • Workingmen are given the right to vote • Proletariat worked within government and became reluctant to change it