This is a 24 slide, highly animated, editable power point presentation on the economic theories of Liberalism, Socialism and Marxism.
Classical liberalism was spawned from the Enlightenment. It began with Adam Smith whose work, "The Wealth of Nations," completely discredited mercantilism and revealed the wisdom and societal benefits of free markets.
His invisible hand theory showed how, when individuals worked for their own self-interest, they benefited all of society because they would tend to create desired goods and services, adding to the overall wealth in the most efficient manner.
The roots of Socialism, featured men like Jeremy Bentham who believed in laissez-faire economics, the government should not only perform the role of law enforcer, but should also protect the working class.
In Marxist theory, the middle class must inevitably lose the battle with the worker, but since there will only be one class remaining, there will no longer be a need for class conflict. Social peace would then reign.
Of course, Marx did not foresee the rise of the blindly devoted official, or the government bureaucrat, that any revolt of the working class inevitably fosters.
The presentation covers the following:
Political Economy of the 1800s
Thomas Malthus Proposals
Other Missed Calculations
The “Dismal Science”
Roots of Socialism
John Stuart Mill
New Harmony, IN
Blanc & Blanqui
Marx & Engels
Labor Theory of Value
Missing the Mark
Marxism at Work
End of Presentation
This is one of several power point presentations that I offer in my store under the heading ... Foundations of Government.