Capitalism and Communsim Flashcards
1
Q
In 1848 what did Karl Marx publish?
A
The Manifesto of the Communist Party
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.
3
Q
What was the American Dream?
A
The capitalist notion that, through hard work, anyone could become rich and powerful
4
Q
Give 4 key features of communism
A
Economic equality
Economic rights
Equality
Workers’ democracy
5
Q
Give 4 key features of capitalism
A
Political rights
Economic freedom
Individual freedom
Parliamentary democracy
