History 1807 Lecture Notes - Lecture 3: Friedrich Engels, The Communist Manifesto, John Stuart Mill
Document Summary
The collapse of wall street in 2008. Karl marx and friedrich engels, the communist manifesto (1848) 1950s and 60s: people believe that they could be more profitable w/o government. Interwar period transformation of the corporations, managerial shifts, critique of corporate capitalism: a shift to free trade and globalization. Eu, world trade organization, imf non state institutions: stokes fears of cultural loss and lack of nationalism, wages have remained effectively stagnant, prices have gone up. Late 19th century (the intellectual challenge of the age #1) Mid - late 19th century poverty (challenge #2: people become extremely poor, less equal distribution of wealth, people wonder what happened. Public protests throughout europe: people wanted worker"s rights, the idea of globalization changing the way capitalism works. Ideologies are a lot closer to how we would understand socialism: current example: islam misinterprets the qur"an to do whatever they want, business manipulates the government, new innovations in technology redundance of labour.