Philosophers
Father of capitalism
Trade and industry are controlled by private owners for profit.
Capitalism
Ownership of tangible or intangible material(s) by an individual entity
Private property
land and other assets that belong to the state/everyone.
Public property
Name a Canadian crown corporation
CBC, Canada post, etc..
The natural condition of mankind, is a state of war.
A classless society in which all property and wealth are communally owned.
Communism
A political and moral philosophy based on the rights of the individual, liberty, consent of the governed, political equality, right to private property and equality before the law.
Liberalism
Why did Karl Marx not like the capitalistic system.
It exploited the working class
Name a limitation to freedom of speech
Hate speech, defamation
"life, liberty, and property."
Locke
A person who is opposed to political or social change or new ideas.
Reactionary
A political ideal that all citizens and institutions within a country, state, or community are accountable to the same laws, including lawmakers and leaders.
Rule of Law
Name one aspect of Collective responsibility
1. involves the groups responsibility for the actions
of all its individual members
2. individuals have a responsibility to the group
rather than to themselves
Name 3 factors that influence our beliefs and values
Culture, Religion and spirituality, Gender, Media
Created the social contract
Rousseau
The belief that there should be great or extreme social or political change.
Radicalism
When a group of people agree to give up certain rights and accept a central authority in order to protect their other rights.
Social Contract
What is the difference between equity and equality
Equality means each individual or group of people is given the same resources or opportunities. Equity recognizes that each person has different circumstances and allocates the exact resources and opportunities needed to reach an equal outcome.
A metaphor created by Adam smith for the unseen forces that move the free market economy.
Invisible hand
Workers of the world unite; you have nothing to lose but your chains.
Karl Marx
A political philosophy and movement that is skeptical of all justifications for authority and seeks to abolish the institutions.
Anarchism
Name the 6 Principles of Individualism
Privates Property
Rule of Law
Individual Rights and Freedoms
Competition
Economic Freedom
Self-interest
Name the 6 principles of Collectivism
Public Property
Cooperation
Collective Interest
Collective responsibility
Adherence to Collective Norms
Economic Equality
What did Voltaire say about free speech. (Exact quote)
“I may not agree with what you have to say, but I will defend to the death your right to say it.”