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Ideological Responses to the
    Industrial Revolution
What is capitalism?
• investing capital with the specific purpose of
  making a profit
• production = what people want = market
  forces
• emphasis on the individual
• competition is important
• wide gaps in social classes
How are prices determined?


• labor
• materials
• demand
• quantity
Socialism: What is it?
• social and economic system
• goal: success for everyone
• production = what people need
• work to eliminate social classes
   • How is that done?
• pro modernization, but without competition
Karl Marx
• co-wrote The Communist
     Manifesto in 1848
• condemned exploitation
     • extremely poor
          • atheist
  • free education for all
Friedrich Engels
    • co-wrote The Communist
              Manifesto
• wrote Conditions of the Working
      Class in England (1848)
• son of a wealthy factory owner
      • helped support Marx
The Communist Manifesto
      • workers must unite!
      • take over “means of
            production”
       • redistribute wealth
        • end social classes
• did not have a big impact in the
19th c., but that changed in 1917
Socialism vs Communism
•   working to end social    •   NO social classes
    classes (smaller gaps)
                             •   government controls ALL
•   government controls          production = command
    some production              economy

•   some private property    •   NO private property

                             •   True communism has
                                 NEVER EXISTED
Worker Responses

•   form unions

    •   skilled vs unskilled

•   “closed” shops

•   *collective bargaining*
Extreme Response--Luddites
 • story of the weaver named Ned Ludd
 • modern meaning
Artistic Responses




• realism                 • goals
            • criticism
Evaluating the Industrial Revolution
•   PROS                          •   CONS

•   cheaper products              •   exploitation/
                                      dehumanization of workers
•   eventually, higher standard
    of living                     •   growth of slums

•   stable pay (middle class)     •   minimum wage

•   increased efficiency

•   new technology can improve
    life (phones, cars,
                                  •   damage to environment
                                      and people
    computers)

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Responses to the indus rev

  • 1. Ideological Responses to the Industrial Revolution
  • 2. What is capitalism? • investing capital with the specific purpose of making a profit • production = what people want = market forces • emphasis on the individual • competition is important • wide gaps in social classes
  • 3. How are prices determined? • labor • materials • demand • quantity
  • 4. Socialism: What is it? • social and economic system • goal: success for everyone • production = what people need • work to eliminate social classes • How is that done? • pro modernization, but without competition
  • 5. Karl Marx • co-wrote The Communist Manifesto in 1848 • condemned exploitation • extremely poor • atheist • free education for all
  • 6. Friedrich Engels • co-wrote The Communist Manifesto • wrote Conditions of the Working Class in England (1848) • son of a wealthy factory owner • helped support Marx
  • 7. The Communist Manifesto • workers must unite! • take over “means of production” • redistribute wealth • end social classes • did not have a big impact in the 19th c., but that changed in 1917
  • 8. Socialism vs Communism • working to end social • NO social classes classes (smaller gaps) • government controls ALL • government controls production = command some production economy • some private property • NO private property • True communism has NEVER EXISTED
  • 9. Worker Responses • form unions • skilled vs unskilled • “closed” shops • *collective bargaining*
  • 10. Extreme Response--Luddites • story of the weaver named Ned Ludd • modern meaning
  • 11. Artistic Responses • realism • goals • criticism
  • 12. Evaluating the Industrial Revolution • PROS • CONS • cheaper products • exploitation/ dehumanization of workers • eventually, higher standard of living • growth of slums • stable pay (middle class) • minimum wage • increased efficiency • new technology can improve life (phones, cars, • damage to environment and people computers)