GL+2013+P4+Socialism

1. 2. Historical 3. Gabriela Berigan 4. Socialism was an idea that began but wasn’t quite accepted through many people. On a website it says “Socialism—defined as a centrally planned economy in which the government controls all means of production—was the tragic failure of the twentieth century” (Heilbroner). The ideals of socialism were started by Karl Marx; however, Lenin was the first one who tried to put the economy together. Socialism wasn’t able to work under four simple rules and in just a couple years the economy had come to a complete disaster. Unfortunately for Lenin, when Stalin came into leading her made him change the economy to something that resembled a pyramid of command. During the 1960’s this type of economy suffered through many downfalls because of it’s inefficiency. Socialism wasn’t a very beneficial way of running an economy because of the whole idea of common ownership. In conclusion, socialism was never able to be successful because the idea of everything being equal and for everyone doesn’t work because what is the ‘right’ amount. 5. Heilbroner, Robert. "Socialism." The Concise Encyclopedia of Economics. 2008. Library of Economics and Liberty. Web. 13 November 2013. “What is Socialism?” World Socialist Movement. 2006-08. World Socialist Movement. Web. 13 November 2013.

1. 2.Cultural 3. Kaitlyn Ivey 4. Socialism is a form of economy that the government controls. “Born of a commitment to remedy the economic and moral defects of [|capitalism], it has far surpassed capitalism in both economic malfunction and moral cruelty” (Heilbroner). Types of governments vary from country to country; the most notable country to have a socialist government is is Canada. Everyone in Canada has health care and this is one of the most prominent examples of Socialism. It doesn’t matter the social standing of a person, but rather that they are a citizen of Canada. Everyone gets the same amount of health care and pay the same amount. On the other hand it is all government controlled, like a lesser version of communism. In fact, it was created by Karl Marx the same person who created Communism. That is how Socialism effects the present day. 5. Heilbroner, Robert. "Socialism." The Concise Encyclopedia of Economics. 2008. Library of Economics and Liberty. Web. 13 November 2013. “What is Socialism?” World Socialist Movement. 2006-08. World Socialist Movement. Web. 13 November 2013.

1. 2. Audience 3. Henry Tran 4. In society, socialism is aimed towards weak economic groups. They adopt the government run society because the citizens living in the country cannot provide for themselves so the go to the government for help. As Ludwig says in his article, “Socialism led dozens of famous intellectuals, including a young F.A. Hayek, into a crisis of faith and a realist/libertarian political orientation (Socialism). Socialism can be a good thing or even a bad thing. It divides a country and only one side gets the good end of the stick. Another reason why socialism is aimed towards smaller economic groups is the fact that with one party in power, they can make all the decisions for a country and grow in power. With the increase in power, the top leaders could try to keep the government alive to gain more power and dominance over the citizens. <span style="font-family: 'Times New Roman',Times,serif; font-size: 110%;">5. Ludwig von Mises. Socialism: An Economic and Sociological Analysis. Ludwig von Mises Institute. Web. November 13, 2013. <span style="font-family: 'Times New Roman',Times,serif; font-size: 110%;">Socialism. Merriam Webster. 2013. Web. November 13, 2013.

<span style="font-family: 'Times New Roman',Times,serif; font-size: 110%;">1. <span style="font-family: 'Times New Roman',Times,serif; font-size: 110%;"> 2. Aim <span style="font-family: 'Times New Roman',Times,serif; font-size: 110%;">3. Jaret McNeil <span style="font-family: 'Times New Roman',Times,serif; font-size: 110%;">4.Socialism is a form of economy where the government is in control of all products. Socialism is directed towards private businesses. The point of socialism is to get a government to which all the power comes from a government. Aim to this type of government is that everyone is the same but still under the full control of the government. In an article about socialism it says, “Socialism prioritizes human needs and eliminates the profit motive that drives war, ecological destruction, and inequalities based on gender, race, nationality and sexuality“ (Socialism). Socialism creates the equality for everyone. Everyone is the same under the government but still has the say in what happens in the country. The point is that Socialism give speople the power to have the outcome of their own futures. This is the aim of Socialism. <span style="font-family: 'Times New Roman',Times,serif; font-size: 110%;">5. Heilbroner, Robert. "Socialism." The Concise Encyclopedia of Economics. 2008. Library of Economics and Liberty. Web. 13 November 2013. <span style="font-family: 'Times New Roman',Times,serif; font-size: 110%;">"What Is Socialism? Socialism 101." What Is Socialism? Socialism 101. N.p., n.d. Web. 14 Nov. 2013. <span style="font-family: 'Times New Roman',Times,serif; font-size: 110%;">