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Capitalism, Socialism, Communism,, Fascism Lorraine Richards Montebello High School, CA richards_lorraine@montebello.k12.ca.us TYPES OF GOVERNMENT Slide 2 Capitalism Slide 3 First In Use End/ Middle Ages domestic system laissez faire mercantilism. Slide 4 Capitalism Goal Private investment for profit. Slide 5 Capitalism Theory Who owns Property Private ownership, individuals invest in corporations or individual business Slide 6 Capitalism Practice Who Owns Property Private ownership, government owns some property. Slide 7 Capitalism Theory Form of Government Can be any form except totalitarianism. Slide 8 Capitalism Practice Form of Government Generally democracy with representation, Early capitalist often autocratic. Slide 9 Capitalism How Government takes Control Peacefully, democratically, people voting. Slide 10 Capitalism Theory Which Classes Benefit Most? Those who invest. Slide 11 Capitalism Theory Which Classes Benefit The Least? No one, everyone can invest Slide 12 Capitalism Practice Which Classes Benefit Most? Rich, investors (unless bad investing), upper and middle classes. Slide 13 Capitalism Practice Which Classes Benefit the least? Poor- unable to invest. Slide 14 Capitalism Modern Examples U.S., much of Latin America Slide 15 Capitalism Amount of Individual Freedom Greatest under laissez faire but many freedoms in democratic Countries. Slide 16 Socialism Slide 17 First In Use Early 1800s Owen, Fourier, St. Simon, Blanc. Fabianism. Joseph Fourier Slide 18 Socialism Goal Working together for improvement of economy and community. Slide 19 Socialism Theory Who Owns Property Everyone owns everything collectively, public ownership. Slide 20 Socialism Collective farms, most socialist countries government owns major industry Practice Who Owns property Slide 21 Socialism Theory Form Of Government Direct democracy, everyone makes collective decisions. Slide 22 Socialism Practice Form Of Government Generally democratic. Slide 23 Socialism How Govt Takes Control Usually democratic and peaceful. Slide 24 Socialism Theory Which Classes Benefit The Most? None (or all) classes society, all benefit equally. Slide 25 Socialism Theory Which Classes Benefit The Least? None - classless society Slide 26 Socialism Practice Which Classes Benefit The Most? None, some may be wealthier but all benefit equally. Slide 27 Socialism Practice Which Classes Benefit Least? Those who oppose society may be ostracized. Slide 28 Socialism Amount Of Individual Freedom More government control than capitalist countries but many freedoms. Slide 29 Socialism Modern Examples Collective farms (Israel), Scandinavia. Slide 30 Communism Slide 31 First In Use Early 1900s Bolsheviks 1850- Marx Slide 32 Communism Goal No private ownership, classless society, international takeover. Slide 33 Communism Theory Who Owns Property All public ownership. Slide 34 Communism Practice Who Owns Property All public property, but individuals able to own small portions. Slide 35 Communism Theory Form Of Government Oligarchy of workers OR everyone makes collective decisions. Slide 36 Communism Practice Form Of Government Usually oligarchic, party controls legislature and executive decisions Slide 37 Communism How Govt Takes control Revolution, Force. Slide 38 Communism Theory Which Classes Benefit The Most? Workers, peasants immediately, eventually a classless society. Slide 39 Communism Theory Which Classes Benefit The Least? Wealthy persons Slide 40 Communism Practice Which Classes Benefit The Most? Communist Party members and Politburo. Slide 41 Communism Practice Which Classes Benefit The Least? Wealthy or religious persons. Slide 42 Communism Amount Of Individual Freedom Strict obedience to government, strong censorship, opposition to government not allowed. Slide 43 Communism Modern Examples North Korea, Cuba, and China. Slide 44 Fascism Slide 45 First In Use Mussolini Slide 46 Fascism Goal Government control of economics while letting private ownership. Anti fascist newspaper Slide 47 Fascism Theory Who Owns Property Private ownership but under strict government control. Slide 48 Fascism Practice Who Owns Property State regulates industries and property though privately owned. Leon Trotsky Slide 49 Fascism Theory Form Of Government Totalitarian autocracy or oligarchy. Slide 50 Fascism Practice Form Of Government Totalitarian autocracy or oligarchy. Slide 51 Fascism How Govt Takes Control First peaceful and then by force. Slide 52 Fascism Theory Which Classes Benefit Most? Upper classes keep wealth, workers get government help. Slide 53 Fascism Theory Which Classes Benefit Least? None-pure classes, communists. Slide 54 Fascism Practice Which Classes Benefit Most? Capitalists and upper classes, unemployed get jobs. Slide 55 Fascism Practice Which Classes Benefit Least? Communists, and socialist, non- Fascists. The League of Nations votes to impose deliberately ineffectual economic sanctions against Italy for its invasion of Ethiopia. Slide 56 Fascism Amount Of Individual Freedom Personal acts restricted, strong censorship, police state, totalitarian. Slide 57 Fascism Modern Examples None clearly so today Fascist Italian Flag