Chapter 19 - The Reach of Imperialism Flashcards
Socialism
a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Utopia
an imagined community or society that possesses highly desirable or nearly perfect qualities for its citizens.
Robert Owen
a Welsh social reformer and one of the founders of utopian socialism and the cooperative movement. He worked in the cotton industry in Manchester before setting up a large mill at New Lanark in Scotland.
Karl Marx
a German-born scientist, philosopher, economist, sociologist, journalist, and revolutionary socialist. Born in Trier to a middle-class family, he later studied political economy and Hegelian philosophy.
Communism
a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
Proletariat
workers or working-class people, regarded collectively (often used with reference to Marxism).
Democractic
relating to or supporting democracy or its principles.
Communist Manifesto
an 1848 political pamphlet by German philosophers Karl Marx and Friedrich Engels.
Thomas Malthus
an English cleric and scholar, influential in the fields of political economy and demography. Malthus himself used only his middle name, Robert.
David Richardo
a British political economist. He was one of the most influential of the classical economists, along with Thomas Malthus, Adam Smith, and James Mill.
Capitalism
an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.
Dictatorship
a form of government where a country or a group of countries is ruled by one person or political entity, and exercised through various mechanisms to ensure that the entity’s power remains strong.
Laissez-Faire
a policy or attitude of letting things take their own course, without interfering.
Adam Smith
a Scottish economist, philosopher, and author. He was a moral philosopher, a pioneer of political economy, and was a key figure during the Scottish Enlightenment era.
Friedrich Engels
a German philosopher, social scientist, journalist, and businessman. He founded Marxist theory together with Karl Marx.