Concept to Cover Today:
Marxism!
Utopian Socialism burned out in the 19th century, just as Marxist thinking began to take hold. The New Socialists believed the following to be true and irrefutable.(from page 136)
1. Private ownership of the means of production permits exploitation.
Wait! What are the means of production?
They are:
Land - everything physical that is not the result of human production
Labour-any work that a person does(physical and mental)
Capital -money, machines, or stock
2. The state should direct the economy to achieve economic equality for all citizens
3. Society should be classless
*Now, before we go on, can we see any problems with these principles?
Before we carry on into Marxism, let's have a look at the man himself.
Now:
Let's look at figure 4-6 on page 136. This was the process by which Marx believed that Society would evolve.
Let's apply this to Socialist countries and see how far along they got.
Let's look at Excerpts from his manifesto. For interest's sake, let's compare them to Canada's system.