Classical Economics and Revolutions of 1848, Chapter 21

Question 1

What were some basics of classical economics?

Answer 1

Free market (Capitalism) and laissez faire economics, Wealth of Nations by Adam Smith was very influential, did not believe government should have a large role in economics

Question 2

Classical Economics and the roles of government?

Answer 2

Government should govern trade, currency, trade across borders, maintain structure of country, protect people militarily, private groups should deal with economics

Question 3

Thomas Malthus Essay on Principle of Population and his views?

Answer 3

Member of Clergy, there are two factors in economics, resources and population and eventually their two lines will intersect=Malthusian catastrophe, he believed in family planning and late marriages

Question 4

David Ricardo and his Essay on Political Economy and his views?

Answer 4

“Iron Law of Wages” this idea was used to support reluctance to raise wages and oppose labor unions

Question 5

Jeremy Bentham and Utilitarianism?

Answer 5

Greatest good for greatest amount of people, Karl Marx-Rousseau

Question 6

Some Utopian Socialist movements?

Answer 6

Modernism, Simonism and Fourierism

Question 7

Who is Count Claude Henri de Saint Simon?

Answer 7

Utopian Socialist, Wealth should be manages by experts (technocracy)

Question 8

Anarchists?

Answer 8

Anti capitalist, government, religious, industry, August Blanque- Blanqism (terrorism), Pierre Joseph Perdue- Mutualism (cooperation between businesses)

Question 9

Karl Marx and the Communist Manifesto?

Answer 9

Friedrich Engel, political and social influence, class conflict

Question 10

Inspiration for Communist Manifesto?

Answer 10

Classical Economists, Hegel, Utopian Socialists

Question 11

Regions of Revolution 1848?

Answer 11

France, Austria, Italian and German City States

Question 12

Makeup of Revolutionaries of 1848?

Answer 12

Liberals, nationalists, urban workers

Question 13

Results of 1848-49 revolutions?

Answer 13

French Monarchy fell and other thrones shaken, false spring due to how strong conservative order was, liberals began to realize with political reforms comes social change therefore they began to isolate themselves

Question 14

Louis Phillippe and his confrontations with the public?

Answer 14

Very corrupt, lots of liberal opposition,He forbade Banquets which led to the February days and Guizot and Louis abdicated

Question 15

Origins of 1848 Revolutions?

Answer 15

Lack of food, unemployment, poor living conditions due to urbanization, overall discontent with public

Question 16

Feminist movements in revolutionary Europe?

Answer 16

Vesuvians, wanted gender equality, serve in the military, similar dress between genders, too radical for some, The Womens Voice which was Conservative and members tended to be involved in Simonism and Fourierism, believed in maternal role but wanted better education, economic security, equal civil rights, property rights and working and voting rights

Question 17

Regions of Revolution in Habsburg Empire?

Answer 17

Vienna, Prague, Hungary, Italy

Question 18

Actions of Hungarians during the Magyar revolt?

Answer 18

Rebels wanted to establish a separate state within the Habsburg domain, attempted to annex eastern territories but would bring Domains, Croatioms and Serbs together which led to a rebellion against the rebel group, liberalism v. Nationalism

Question 19

Splits between German working class and German liberals?

Answer 19

Liberals were too attached to the idea of free labor to offer meaningful legislation to workers