Socialism And Communism During The Industrial Revolution

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The Industrial Revolution was a huge turning point for the world. Everyday machines we see today were in their beginning stages from the 1700s to the 1900s. Normal villages quickly became large cities, and farms would be easily managed by newer methods of farming. There were also ideas on how the market should run, which led to the creation of capitalism and communism. During this time of creativity, popular figures such as Adam Smith and Karl Marx argued on what would be the most ideal type of market, new ideas spread, such as the change of Utilitarianism to Socialism, and innovation was skyrocketing and bringing more ideas as well as more profit. The world progressed and became an industrial world. Innovation was booming and led to new inventions making large cities and so on. This highly supports John Locke’s Natural Rights Theory, since people had the freedom to be creative and to create new ideas, instead of being suppressed by …show more content…

Communism is a more strict form of socialism, with some significant differences. This was created by Karl Marx back in the 1840s, and still stands today in most countries. This form of socialism would create a classless society in which all production is owned by the community. This means that no private businesses would exist, everyone would get their fair share of money, and there wouldn’t be such a high demand for competition. This came to be thanks to a pamphlet Marx wrote, entitled The Communist Manifesto, which became highly popular with many people, and led to a following. Marx’s views included the idea that the world was revolving around economics with the struggle that there are too many poor people are not enough rich people. He despised capitalism, because it was the main cause of this factor. While his views seemed very correct on paper, it would have led to many problems in the future with innovation and creativity, and technology wouldn’t be progressing as

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