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Political, Cultural, Economic Ideologies

Political, Cultural, Economic Ideologies. Capitalism (What we have in the US): Where means of production (factories, machines, labor) are owned by an individual . People buy & sell based on their own judgment .

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Political, Cultural, Economic Ideologies

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  1. Political, Cultural, Economic Ideologies Capitalism (What we have in the US): Where means of production (factories, machines, labor) are owned by an individual. People buy & sell based ontheir own judgment. Marxism (Based on the ideas of Karl Marx): Based on class struggle (Which was created by capitalism). The desire for economic success created the classes of the wealthy and poor. Communism (Grows from Socialism & Marxism): People own the means of production and share in the profits. This removes class conflict and struggle. There is no private property in a communist society.

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