Capitalism and communism Flashcards

1
Q

In 1848 what did Karl Marx publish?

A

The Manifesto of the Communist Party

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2
Q

What did Karl Marx argue?

A

Under capitalism, the bourgeoisie (middle class) exploited the proletariat (working class). This exploitation would lead to a revolution in which the proletariat would overthrow the bourgeoisie and capitalism, and replace it with communism.

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3
Q

What was the American Dream?

A

The capitalist notion that, through hard work, anyone could become rich and powerful

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4
Q

Give 4 key features of communism

A

Economic equality
Economic rights
Equality
Wokers’ democracy

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5
Q

Give 4 key features of capitalism

A

Political rights
Economic freedom
Individual freedom
Parliamentary democracy

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