Tuesday, October 14, 2014

The Perfect Middle

In the beginning of the class each person got handed 3 pieces of candy except for a few people who got 10 pieces. The general idea of the class was to play other classmates in a game of rock, paper, scissors and whoever wins that game gets a piece of candy from the other player. The lesson of this was to learn about how fair or unfair capitalism and socialism are and what had to happen during this time. Socialism is demonstrated in this because the teacher (government) had nothing to do with the rules of the game or how much candy everyone had. Capitalism is demonstrated when the teacher (government) took away everyone's candy and redistributed them equally. I found this game fun at first because I had won 3 times in a row and had more candy than I had before. After a few more games, I had lost all of my candy except for 2 pieces and I stopped playing to make sure I didn't lose any more candy. I felt frustrated at the game because there were so many people cheating and trying to get back in the game unfairly even when they had no more candy left.

Marx's theory was about how capitalism, socialism, and communism would all help the poor help themselves. The idea of this was to let the poor people work for the same amount of money as any other person and they would also get equal benefits. This helped a great deal with poverty because many people had enough money each month to buy what they needed for their families to survive. Smith had a different idea on how to help the poor in these awful conditions. He came up with the idea of an "invisible hand" which helped the poor by letting the people regulate their own prices and profits without the help of the government. This helped because there weren't any limits of prices so, the prices could be lowered and be made affordable to everyone, even the very poorest people.

I believe that both Marx's and Smith's theories are good ideas but have some faults to them also. If I had to chose one I would pick Marx's theory because there needs to be some control in government no matter what. In Smith's theory there is no control over what anyone does and that could go badly very fast. Marx's theory has a system of government and creates laws and boundaries for everyone to stay in. Humans will always want more than they already have and with Smith's theory there will be a greater amount of people getting out of hand than in Marx's theory. Smith's theory is too lose of a government and Marx's theory is too tight of a government.If there was a third option between the two theories then that would be the perfect option because each one is too far to one side of the spectrum.

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