on God i'm getting an a on this quest

quest on 4/25

C or S: Individuals own the means of

production

Capitalism

C or S: Prices and wages are set freely

by consent between sellers and

consumers, in which the laws

and forces of supply and

demand are free from any

intervening authority

Capitalism

C or S: Goods and services that are

produced are intended to

make a profit

Capitalism

C or S: The market determines

investment, production, and

distribution decisions

Capitalism

C or S: Progress occurs when

individuals follow their own

self interest

Capitalism

C or S: The public/state owns the

means of production

Socialism

C or S: Prices and wages are regulated

by the public/state with goal of

promoting greater social

welfare

Socialism

C or S: Based on the principle of

production for use, to directly

satisfy economic demand and

human needs, and objects are

valued by their use-value.

Socialism

C or S: Investment, production, and

distrubution decisions

controlled/regulated by the

state/public

Socialism

C or S: Progress occurs when a

community of producers

cooperate for the good of all

Socialism

What does Karl Marx think about history?

It’s progressive

What does K. Marx think about ideas?

They’re not the driving force

What does K. Marx think drives society?

The mode of production and material conditions

Marx’s view of our reality consists of

Values, laws, religion, government, social hierarchy

What about values?

Thrift, sobriety

What about laws?

private property

what about religion

Judeo-Christian Passivity and respect for law

what about government

Dominated by bourgeoisie

what about social hierarchy

merit and money

During each phase/change in production mode, what happens to society?

Its superstructure is shaped by the DOMINANT MODE OF production

In capitalism, as haves is to have nots

Bourgeoisie relates to proletariat

What happens to the Proletariat?

Since they’ve been exploited, they will try to change the dominating mode of production

After capitalism there’s…

“Dictatorship of the Proletariat,” where the working class leaders will hold a monopoly of power to crush the last remnants of capitalist society

after the dictatorship of the proletariat comes…

socialism

socialism is

no ownership of property, the same amount of labor that someone gives to society in one form is given back to them in another form

basic idea of capitalism

All means of production (capital)-- money, credit, resources, machinery, and property--are in the hands of private ownership.

socialism

Industry and finance are owned or under government control, which acts in the interests of the people.

what did the great depression cause, over or underproduction?

overproduction

what was the overproduction of the great depression caused by

war economies, high prices, improved production capabilities

what happens to the demand during the great depression

it fails to keep pace, and sales and profit decline

what were some actions taken by firms during the great depression

decrease production, prices, wages, and lay workers off

what happens to the domestic market during the GD

it “dries up,” large unemployment % means fewer people with a disposable income

unemployment rates during the GD were

40% in germany
18% in uk

33% in us

what happens to the STOCK market during the gd

prices fall so banks give out fewer loans

why werent there new jobs during the gd?

because there was less capital available to create newer jobs

what does the government do to shield struggling domestic industries during the great depression?

they install protective tariffs

what happens to countries that export items to the us?

they are heavily affected as there’s less money to purchase goods

what do dried up foreign and domestic markets to do the original problem of low demand?

they only feed to it, so a downward spiral continues and problems arent being solved

how much does the japanese economy shrink by from ‘29-’32?

8%

how much did british overseas investment drop by after wwi?

20%

how much do british exports decrease by?

50%

when did the us-hawley-smoot tariff happen?

1930

what idea does great britain adopt from joseph chamberlain?

the one of an imperial tariff union

describe the authoritarian fascist belief

Head of the government makes decisions, everyone follows

describe the elitist fascist belief

don’t believe in the quality of man, they believe that people who are predetermined to be smart, aggressive, and more authoritative should be leaders. Opposite of democracy or communism

describe the ultra-nationalist fascist belief

Fascists believe their country is their greatest concern. Their country is supreme to the others  

describe the militarist fascist belief

Fascist believe that the military should be brought up forcefully, and that it determines the superiority of one's country. 

describe state capitalism

individuals own and make decisions on their own. In state capitalism, individuals own property but decisions (specifically economic ones) are made by the state. Essentially free market capitalism without the market.

describe the anti liberal-democratic fascist belief

State comes first before the individual. Doesn’t care about the individual

were fascist anti commies?

yessss

describe the paramilitary wings that fascists have

 Military that is separate from the country’s military. The fascist party makes decisions for this wing. 

describe the opposed international wings that fascists have

Against NATO, the UN, etc., because they believe other countries shouldn’t have equal power as them.

describe the close identity bw party and state that fascists have

It’s hard to know whether the government is just the political party or if there’s a difference between the fascist party and the German government. This line is intentionally blurred.

descrive the racist bekiefs thatt fascists have

Implying that one’s’ country is the best basically excludes others. One of the reasons that they believe they were better is because they thought they were the better race.

describe how fascists promoted the myth of the “pure race”

Wanted people to think they were “pure” (for Germans, they wanted people to think they were “pure” Aryan)

describe how fascists made great use of symbolism

A symbol representing different groups of people. Makes the distinction between “us” and “them”