DVM2350 Lecture Notes - Lecture 12: Universal Health Care, Pete Seeger, Economic History
Document Summary
It was a reaction to the capitalist system. Liberty freedom, for socialists the focus is on equality, all types of socialists think that the capitalist system is exploitative, the answer to that is equality. The capitalist system should be replaced by equality. Robert ownen: established new harmony and new lanark in indiana: everyone lives in a. Replace private ownership with common ownership commune. You get rid of the market economy, and supply and demand curve needs to be gotten rid of, no capialitsm. Oneida: small scale community in the past. Twin oaks: in the present an echo village, they abide by common ownership, no private property. How can we have all the good things of liberalism with socialism: its almost too ideal to exist. Germany (democratic socialism): stake holder economy, everyone is responsible for the whole system, everyone has a role to make a society work, community matters.