The Evolution
of an Economy
By: Karl Marx and Mr. U!
Karl Marx
• Father of
Communism
• 1818-1883
The Struggle of the Classes
•
• According to Marx the
history of man is the
history of CLASS
struggles.
• RICH VS. POOR
• Bourgeoisie VS.
Proletariat
• Have’s vs. Have
NOT’S
The Evolution of an Economy
Marx believed
that all national
economies
would go
through
various, distinct
phases:
Marx’s Flow
Chart
Traditional
Capitalism
Have’s
Have Not’s
REVOLUTION
(Rich vs. Poor)
Marx’s Flow
Chart (cont.)
Worker’s WIN!!
Temporary Govt. Control
Communism
UTOPIA
“REAL” MARXISM
• The Rich take advantage
of the Poor…man.
• The poor are exploited
due to social
discrimination and
inequality… man.
• There should be a way
that all people should
just live together in
harmony…man.
Why Does
Communism
Fail??
Marx’s UTOPIA Fails
because:
?