What problems did Karl Marx see with free-market capitalism. What did he predict would happen? Was he right? How does communism impact our world today?
What the Edpuzzle video for a short bio and background on Marx.
In his 1848, Karl Marx (with the financial backing of Friedrich Engels) wrote the Communist Manifesto within which he predicted that problems of capitalism would eventually lead to the lower classes revolting and the establishment of a classless society. We will be reading a portion of the Communist Manifesto in class on Feb. 26. If you are absent, please select this link to complete the reading and questions independently.
After reading this excerpt, we will be looking at whether any of his predictions came true and how and why the communist country of China has modified its economy in the last few decades. Please select this link for the assignment associated with these topics. (I've also posted the videos below, just for general reference.)
Why is Communist China doing so Well?