American Government – 8/22/07 • Government: who gets what, where, when, and why • Democracy: vague and value-laden term that refers to society where people are free to participate in decision-making process. o Excludes convicted felons, minors, non-citizens, mentally incompetent • Capitalism: economic term for society based on free markets. o Society that believes in private property and marketplace o Can’t sell votes, children, self, or drugs • Socialism: refers to society where some things are owned in common and some services are proved by the government (state, community). • Communism: According to Marx – where everything is owned in common and all services are provided by the state. • Marx said “From each according to his abilities, to each according to his needs,” meaning the individual should do what they can and take only what they need. • Marx felt capitalism was a step on the road to Utopia. • Some Greek, Native American, and Christian sects practiced true communism.
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This note was uploaded on 08/30/2011 for the course POS 2041 taught by Professor Bass during the Fall '07 term at University of Central Florida.