In class we did a lesson where we were given Hershey Kisses to "spend" (by playing rock paper scissors). This lesson was pretty fun because we got to compete to move up in the class room hierarchy. The frustration came when we modeled capitalism. It was frustrating because some people got to start out with lots of Kisses and others did get many at all.
Marx wanted to give the people equal opportunity to have money so that no one had to be starving. He believed that if given the chance the people would share and help each other. Smith believed that if the government left the economy alone it would fluctuate and then balance out into a stable state.
Communism is the best theory on paper because it keeps people from starving and lowers poverty rates. Neither is a good solution though because they both have major inconveniences. Communism is good in theory but when it has been used in the past it has always ended in tyranny and dictatorship. The invisible hand is good in concept but without some government aid the economy takes a long time to level out. A better solution is capitalism with government aid because then the people have control over economic growth and development but the power ever shifts to far to one side.
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