Economic & Social Philosophers

Front

Who developed laissez-faire economics as an economic philosophy?

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Adam Smith

Front

What is the basis of Capitalism?

Back

private ownership of the means of production

Front

What was originally the central idea of Communism?

Back

communal ownership of means of production

Front

What was the goal of communism, according to Marx?

Back

a more equal and fair society

Front

Who stated that population rises geometrically, food production arithmetically, and that governments should not intervene in the natural cycle of misery?

Back

Thomas Malthus

Front

Iron Law of Wages. When wages go up, people have more kids. In the long run wages will tend to only sustain the life of the worker.

Back

David Ricardo

Front

Who does utilitarianism try to get the best outcome for?

Back

the greatest number of people

Front

"Small communities properly organized can offer citizens ideal working and living conditions." This quote describes

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Utopian Socialism

Front

Karl Marx's Communist Manifesto was written based on his belief in which type of ideology? Options: Socialism, Capitalism, Utilitarianism, laissez faire economics

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Socialism

Front

Utopian Socialist who set up a model community in Scotland

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Robert Owen