5.8 Flashcards
Reactions to the Industrial Economy
labor unions
organizations of workers that had the right to bargain with employers to improve working conditions
John Stuart Mill
Advocate for better working conditions for the poor and critique of laissez-faire economics. He wanted labor unions, limits on child labor, and safe working conditions
utilitarianism
a method of thinking that sought to do the greatest amount of good for the greatest amount of people, rather than adhering to standard moral rules
Karl Marx
German scholar and writer who argued for socialism. He published the Communist Manifesto and believed capitalism was an extension of feudalism, utopists wanted to escape the world instead of better it, and communism was the final stage in economic development.
Friedrich Engels
the wealthy supporter of Karl Marx and the Communist Manifesto
Communist Manifesto
socialist pamphlet written by Karl Marx and funded by Friedrich Engels. It stated that capitalism was just an extension of feudalism and it divided society into proletariat and bourgeoisie classes and stated that communism was the final stage in economic development.
proletariat
Karl Marx’s name for the working class
bourgeoisie
Karl Marx’s name for the middle class, investors, and owners of factories
means of production
machines, factories, mines, methods of producing goods
communism
Karl Marx’s final stage of economic development in which class distinctions would disappear and everything would be shared.
Mahmud II
Ottoman Sultan who reformed some of the Ottoman system. Reformed military and tax collection systems, built roads, and established government charities
Tanzimat
Ottoman word for reorganization that refers to the changes in the Ottoman Empire following Mahmud II. Included reform of education systems and the development of new laws.
Hatt-i Humayun
Ottoman Reform Edict that declared equality for all men regardless of education, religion, or ethnicity and regulated millets
millets
legal courts established by separate ethnic and religious groups under the Ottoman Empire
Self-Strengthening Movement
China’s reform movement that restructured the government, increased manufacturing, and raised money for China to pay back debts