cold war Flashcards
ussr
Union of Soviet Socialist Republics
capitalism
A social and economic system
Mean the production, distribution and exchange of wealth is privately owned and operated for a profit
Decisions are determined by owners and a free market - NOT the state
Based on supply and demand
Government has a “hands-off” approach to economy
capitalism main points
- Private ownership
- Profit motive
- Competition
- Market economy
criticisms of capitalism
- Unfair /unequal distribution of wealth and power
- Market monopoly
- Imperialism - ultimately leader to war/revolution
- Suppression of workers and rights
- Poor working conditions
- Environmental pollution
socialism
19th Century POLITICAL movement that aimed to address the inequalities and social problems caused by capitalism and industrialization
describes a range of socio-economic systems characterized by some type of social ownership of the means of production and management/regulation of the economy
social ownership
may refer to cooperative enterprises, common ownership, state ownership, citizen ownership of equity, or any combination of these
socialism main goal
to narrow the gap between rich and poor…
…and the government has the responsibility to redistribute wealth to narrow the gap
socialism does not…
DOES NOT advocate the abolishment of all private property
DOES NOT advocate violence or revolution
DOES NOT call for a classless/stateless society
types of socialism
marxism-leninism and social democracy
definition of communism in theory
an ideology with an ultimate goal of a society and economy structured upon common or communal ownership of the means of production
what does communism advocate for?
DOES advocate the abolishment of all private property
DOES advocate violence or revolution
DOES call for a classless/ and eventually stateless society
It is also a POLITICAL movement that aims to establish this system
who wrote the communist manifesto
karl marx and freidrich engles
communism main points
All property and means of production are owned by “the people”
All goods and services are “shared equally”
A “classless society” emerges
The “state withers away”
social democracy
Supports government intervention and economic/social areas to promote justice and equality within the framework of a capitalist economy
NOT looking to replace capitalism
us/ussr post-ww2 goals
US
- encourage democracy to prevent spread of communism,
- free trade - fuel US economy with free flow of goods and resources
- Rebuild western european and promote free elections in eastern europe
- Maintain military strength through naval, air and nuclear program - fewer conventional forces needed
- Never again let a hostile state control Europe/East Asia
- Must be/act as a “Great Power”
Soviet Union
-encourage spread of communism - Marx (Lenin’s) vision of world-wide revolution
- control trade in occupied areas - increase its sphere of influence
- Control eastern europe (buffer zone) to protect soviet borders
- Maintain HUGE military on continent (infantry,tanks) - - developed bomb by 1949
- Security through expansion
Wants to be seen/respected as a “Great Power”