Compare and Contrast Capitalism and Socialism in 19th Century

First Draft

First of all, I would like to explain what is Capitalism and Socialism. These two words are totally different. Capitalism, which means an economic system that emphasizes private ownership of the mean of production or a privately controlled economic. Socialism, which is the opposite of capitalism. This system provide people products or lands equally.

Think about it, if you born in a country that use Capitalism to be their system, what kind of environment will you born. You may born in a rich family, your father might be a boss of the company, you can also born in a poor family, which gave you not enough resources. This kind of countries truly exist. I lived in Taiwan, Taiwan is also a country that using Capitalism to be our system.

If you born in a country that use Socialism to be their system, well, this is a little bit like China's Communism. This is mainly about people should be equal, we shouldn't have our own property, we should give our business to government control. In my opinion, this is a little bit unfair, those people who earn money hardly can't have their own property, they can only have a little bit more than poor people.


Although, I hope I was born in a country which use Capitalism to be their system, because you have chance to change your life in a short time, you can build a new company, make some money, or you can work in bank, school, station or company, what ever you want to work with. You can live safe unless you lost all your money.

Case Study#3

The Breaking News of The French Revolution
This is made by my teammate Herbert, Peter, and I. This is about all things happened in French Revolution.
http://prezi.com/7icydoo9eqyj/the-french-times/
----------------------------------------------------------------------------------------
The details of French Revolution
http://www.youtube.com/watch?v=QxdqZ7MAYPw&feature=related
Here is an video takes you 4 minutes to understand the theme of the French Revolution, watch this in 4 minutes and had a basic knowledge of French Revolution
----------------------------------------------------------------------------------------
Ted Video
http://www.ted.com/talks/lang/eng/dan_pink_on_motivation.html
A Ted video talking about different experiment on different people, what is their thinking, and this is a interesting experiment that I couldn't stop watching it.
----------------------------------------------------------------------------------------
Karl Marx

Karl Heinrich Marx  was a German philosopher, political economist, historian, political theorist, sociologist, andcommunist revolutionary, whose ideas played a significant role in the development of modern communism and socialism. Marx summarized his approach in the first line of chapter one of The Communist Manifesto, published in 1848: "The history of all hitherto existing society is the history ofclass struggles." Marx argued that capitalism, like previous socioeconomic systems, would inevitably produce internal tensions which would lead to its destruction. Just as capitalism replaced feudalism, he believed socialism would, in its turn, replace capitalism, and lead to a stateless, classless society called pure communism. This would emerge after a transitional period called the "dictatorship of the proletariat": a period sometimes referred to as the "workers state" or "workers' democracy". In section one of The Communist Manifesto Marx describes feudalism, capitalism, and the role internal social contradictions play in the historical process:

We see then: the means of production and of exchange, on whose foundation the bourgeoisie built itself up, were generated in feudal society. At a certain stage in the development of these means of production and of exchange, the conditions under which feudal society produced and exchanged ... the feudal relations of property became no longer compatible with the already developed productive forces; they became so many fetters. They had to be burst asunder; they were burst asunder. Into their place stepped free competition, accompanied by a social and political constitution adapted in it, and the economic and political sway of the bourgeois class. A similar movement is going on before our own eyes ... The productive forces at the disposal of society no longer tend to further the development of the conditions of bourgeois property; on the contrary, they have become too powerful for these conditions, by which they are fettered, and so soon as they overcome these fetters, they bring order into the whole of bourgeois society, endanger the existence of bourgeois property.

----------------------------------------------------------------------------------------

Friedrich Engels

Friedrich Engels was a German Humanitarian Philanthropist, social scientist, author, political theorist, philosopher, and father of communist theory, alongside Karl Marx. In 1845 he published The Condition of the Working Class in England, based on personal observations and research. In 1848 he produced with Marx The Communist Manifesto and later he supported Marx financially to do research and write Das Kapital. After Marx' death Engels edited the second and third volumes.

----------------------------------------------------------------------------------------

Thomas Malthus

The Reverend Thomas Robert Malthus FRS was a British scholar, influential in political economy anddemography. Malthus popularised the economic theory of rent.

Malthus has become widely known for his theories concerning population and its increase or decrease in response to various factors. The six editions of his An Essay on the Principle of Population, published from 1798 to 1826, observed that sooner or later population gets checked by famine and disease. He wrote in opposition to the popular view in 18th-century Europe that saw society as improving and in principle as perfectible. William Godwin and theMarquis de Condorcet, for example, believed in the possibility of almost limitless improvement of society. So, in a more complex way, did Jean-Jacques Rousseau, whose notions centered on the goodness of man and the liberty of citizens bound only by the social contract - a form of popular sovereignty.

Malthus thought that the dangers of population growth would preclude endless progress towards a utopian society: "The power of population is indefinitely greater than the power in the earth to produce subsistence for man". As an Anglican clergyman, Malthus saw this situation as divinely imposed to teach virtuous behaviour. Believing that one could not change human nature, Malthus wrote:

"Must it not then be acknowledged by an attentive examiner of the histories of mankind, that in every age and in every State in which man has existed, or does now exist

That the increase of population is necessarily limited by the means of subsistence,

That population does invariably increase when the means of subsistence increase, and,

That the superior power of population is repressed, and the actual population kept equal to the means of subsistence, by misery and vice."