EUROP 101 Study Guide - Midterm Guide: Lateran Treaty, The Proletariat, Proletariat

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Document Summary

The revolution: power point and online homework answers. Socialism: common ownership; resources of the world being owned in common by the entire population. Marxism: more focused on economics, the philosophical concept of dialectical materialism, and the method of social analysis known as historical materialism. Means of production, distribution, and exchange should be owned or regulated by the community as a whole. Capitalism: an economic and political system in which a country"s trade and industry are controlled by private owners for profit, rather than by the state. Communism: a political theory derived from karl marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs. Revolutionary ideas sweep through europe in the aftermath of the war. Karl marx and friedrich engels world to win. Bourgeoisie are the people who control the means of production and make up the dominant class.