Socialism
What is socialism?
Socialism is a system in which the company is run by the workers rather than a private business. It's the idea of a public property.
Who was Karl Marx?
"The Father of Socialism"
He was the one who created and spread the ideas of Socialism.
Who wrote the Communist Manifesto?
Karl Marx and Friedrich Engels
Bourgeois
A social middle class made up of business owners and entrepreneurs that had overtaken the Nobility during the Industrial Revolution.
What is Social Welfare? What did it do for the people?
Social welfare is a kind of public service provided by the government, the community, etc. Think public education and healthcare.
Who was Friedrich Engels?
Co-writer of the Communist Manifesto.
What was the main point of the Communist Manifesto?
Absence of social class would end the cycle of revolution between the bourgeois and the proletariat.
Proletariat
A social class with no significant ownership, and whose only option was to sell the labor for a wage.
What were the key events that led to the creation/development of Socialism?
Industrial Revolution, Exploitation of Workers, Economic inequality, Rise of labor movements.
Who was Charles Fourier?
He is one of the founders of socialism. He influenced Karl Marx and Friedrich Engels with his writing.
What is the Communist Manifesto?
The communist manifesto was a political pamphlet against communism written by Karl Marx and Friedrich Engels, commissioned by the communist league.
What are the core principles for Socialism?
Public Ownership of resources and production, Collective welfare over individual profit, Economic Equality.
Who was Robert Owen? What did he do?
He was a factory owner who wished to improve the wellbeing of his workers. Founder of utopian socialism. Established several social welfare services such as child care and public education.