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Ideologies of The Industrial Revolution 1

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0% found this document useful (0 votes)
8 views

Ideologies of The Industrial Revolution 1

Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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CAPITALISM

THE BASICS:
● Free trade will lead to a
prosperous economy
● No government
regulation of the
economy
● Opposed
MERCANTILISM &
restrictions on trade.
● Private ownership of
factors of production
(land, labor, factories &
capital)
● Laissez-faire: “let do”/
CAPITALISM: ADAM SMITH & “THE WEALTH
OF NATIONS”
Invisible hand—harmony will be
reached & society will advance if
everyone follows their own self-
interest

3 natural laws of economics:


Self-interest: people work for
their own good
Competition: competition forces
people to make better
products
Supply & Demand: goods will be
produced as much as people
demand them. Prices depend
on demand
COMMUNISM
THE BASICS:
● Capitalist system would
eventually destroy itself & the
lower classes would rise up
against their oppressors in a
worldwide revolution
● In the new Communist society…
○ No private property—all
means of production
controlled by the people
○ All goods & services shared
equally
○ No class distinctions
COMMUNISM: KARL MARX & THE
“COMMUNIST MANIFESTO”
According to Marx, during the 19th c.
society was divided into 2 classes:

Bourgeoisie Proletariat
● The “Haves” - those ● The “have-nots” -
with lots of money & those who have little
power money
● Control the means of● the working class—
production work long hours for
● oppressor little pay
● oppressed
Marx believed all of history was driven
by class conflict
Wanted the Proletariat to revolt
SOCIALISM
● Thought the Industrial Revolution created an
unstable system which glorified greed while
impoverishing the common people
○ Wanted to offset the negative effects of
industrialization through reform (not revolution)
○ The GOVERNMENT should intervene to improve
people’s lives
● Factors of production are owned by the public
(government) & operate for the welfare of all
● Believed the issues with morality in cities was a
result of the poor living conditions
● Robert Owen created a short-lived “utopian”
community based on cooperation, shared effort &
shared wealth
ROBERT OWEN’S NEW LANARK
CHECK YOUR UNDERSTANDING
Highlight whether the statement is TRUE or FALSE
Socialists want to abolish private Capitalists believe that wages and prices
property and make everyone completely should be set based on supply and
equal. demand and not set by laws or
government policies.
TRUE FALSE
TRUE FALSE
Communists believe that the lower The working class during the industrial
classes should overthrow their oppressors revolution tended to support Capitalist
in a global revolution. ideas.
.
TRUE FALSE TRUE FALSE

Capitalists believe that competition is Communism is more radical than


good for society. Socialism.

TRUE FALSE
TRUE FALSE
Socialists believe that the government Capitalists would support minimum wage
should be limited and that the economy laws as a way to increase productivity
should operate without too many and profits.
restrictions.
TRUE FALSE
TRUE FALSE
APPLY IT!
Match the ideology to the belief by dragging & dropping the labels

ISSUE: Low wages for workers


● Stop paying wages altogether Drop here
because private property is the
source of all conflict Drop here
● Government should set a minimum
wage Drop here

● Let the factory owners pay what they


want; if wages are too low, no one
will work for them
COMMUNIS
CAPITALIST SOCIALIST
T
CHECK YOURSELF
Match the ideology to the belief by dragging & dropping the labels

ISSUE: Low wages for workers


COMMUNIS
● Stop paying wages altogether Drop here
T
because private property is the
source of all conflict SOCIALIST
Drop here
● Government should set a minimum
wage CAPITALIST
Drop here

● Let the factory owners pay what they


want; if wages are too low, no one
will work for them
APPLY IT!
Explain how each ideology would regard the following:

ISSUE 1: Was industrialization more positive or


negative? Why?
CAPITALIST SOCIALIST COMMUNIST

ISSUE 2: What reforms SOCIALIST


CAPITALIST should be made, ifCOMMUNIST
any?
OVERVIEW: THE IDEOLOGIES
Use the PPT to define each ideology. Write 3-4 sentences for each.
LIBERALIS CONSERVA
M TISM
Belief in progress and Focused on maintaining
expanding rights order and stability
Reform-minded Preserve tradition

ECONOMIC: free-market ECONOMIC:


Supported by upper classes government controls
POLITICAL: expand economy
voting rights Supported by rulers

Supported by lower/middle POLITICAL: limit voting


classes rights
Supported by upper classes
GET CREATIVE.
Create your own bumper stickers in the space below. Choose 3 of the 5
ideologies. You can include images and words. Use any fonts you want.
These should depict the ideas as they existed in the 19th century.

COMM
ALL FOR ONE & ONE FOR UNIS
M
ALL!
Fill in the
ideology IDEOL
you chose OGY
here

IDEOL
OGY

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