“Ism”: - PowerPoint Presentation

Slide1

“Ism”: A distinctive(unique) practice, system, or philosophy, typically a political ideology (idea) or an artistic movement.

Economic “isms”The BreakdownSlide2

The Dilemma of the Cow and MilkThe dilemma of how to get the most of the cow!Preamble:If you were a dairy farmer, what system (or way to work) would you use to benefit the MOST of the cow?

Questions to consider:Who gets the benefits of the cow?Who gets to decide?Slide3

Systems: The –isms Define the following terms in your own words if possible:SocialismCommunism

TotalitarianismCapitalismPlutocracy

Democracy*Slide4

In Reference to CowsPure Socialism (Economic)You have two cows. The dairy farmers own the cows. The dairy farmers take them and puts them in a barn with everyone else's cows. Everyone takes care of all the cows. The cow’s products are then distributed amongst the people.Pros:

Cons:Is this the best way to get the most out of cow?Slide5

In Reference to CowsPure Communism (Political):You have two cows. Your neighbors help you take care of them, and you all share the milk. Real-world Communism:

You share two cows with your neighbors. You and your neighbors bicker about who has the most "ability" and who has the most "need". Meanwhile, no one works, no one gets any milk, and the cows drop dead of starvation. Pros:

Cons:

Is

this the

best way to get the most out of cow?Slide6

In Reference to CowsTotalitarianism:You have two cows. The government takes them and denies they ever existed. Milk is banned. Pros:Cons:

Is this the best way to get the most out of cow?Slide7

In Reference to CowsPure Capitalism:You have two cows. You sell one and buy a bull. Sometimes Practical Capitalism:

You don't have any cows. The bank will not lend you money to buy cows, because you don't have any cows to put up as collateral (You give something to get loan)Pros

:

Cons:

Is

this the

best way to get the most out of cow?Slide8

In Reference to CowsPlutocracy:You thought you had two cows, but you don’t. Really the educated, wealthy 1% who are running the country really have all the cows.Pros:

Cons:Is this the best way to get the most out of cow?Slide9

In Reference to CowsPure Democracy:You have two cows. You and your neighbors decide who gets the milk. Representative Democracy: You have two cows. Your neighbors pick someone to tell you who gets the milk.

Pros:Cons:

Is

this the

best way to get the most out of cow?Slide10

SO WHAT?...Take 5 mins to process all this information and do few things:Write down any questions or confusions you have

Summarize what you think the “Cow” analogy has to do with all these “systems” we talked aboutHow does this connect to our conversations about “change”, “dissent”, “The Square”

Chat with the person next to you and check in

Lastly, Fill out the “Matrix” so you can have all of this on one sheet. You’ll need this for later Slide11

Tensions Within DemocracyTension, what it looks like: Strong Man Tractor PullMajority rule and individual rightsLiberty and equalityS

tate and national authority in a federal systemCivil disobedience and the rule of lawFreedom of the press and the right to a fair trial

The relationship of religion and government

Distribution of Wealth and Resources –What’s fair? What’s equal? Slide12

What these differences in “ISMS” led to in 2011Slide13

Where this goes now?...Next week we start EconomicsWe began by taking our understanding of “Occupy Wall Street” and starting with the basics of our economic system- CapitalismThis will lead us into an understanding of our economic system

 the rules and ideas behind it how it’s supposed to work the realities and challenges how it’s changed over the last 50 years the impact it has had on people all over the world Lastly, YOUR 10 PAGE RESEARCH PAPER on ECONOMIC ISSUES in the 21st

Century