Capitalism vs. Marxism
Capitalist ideas: Adam Smith
Progress results when Each producer tries to
individuals follow provide goods and
their own self-interest. services that are better
Businesses follow and less expensive
their own self-interest than those of
when they compete competitors.
with one another for
the consumer’s money
Consumers compete Government should
with one another to not interfere in the
purchase the best economy.
goods at the lowest
Market economy aims
to produce the best
products at the lowest
Marxist Ideas; Karl Marx
All great movements The Industrial
in history are the Revolution intensified
results of an economic the class struggle.
class struggle. Workers are exploited
The “haves” take by employers.
advantage of the The labor of workers
“have-nots”. creates profit for
The capitalist system employers.
will eventually destroy