Cultural And Political Systems
MID-TERM ESSAY ASSIGNMENT
This week we continue to examine the issue of communism and capitalism by reading a comparative piece on Karl Marx and Adam Smith. For the mid- term you must select 1 of the 4 questions listed below.
Your answer must be 5-7 pages long and you must use the assigned readings for the class ONLY.
ASSIGNED READINGS BELOW
Capitalism (Sources: Sources:
Fulcher, James. (2004). Capitalism: a Very Short Introduction, Oxford University Press.

Marx, Karl. Capital: The Process of Capitalist Production. 3d German edition (tr.), p. 53.

Smith, Adam (1776), An Inquiry into the Nature and Causes of the Wealth of Nations, 1(1 ed.), London: W. Strahan,
retrieved 2012-12-07, volume 2.
Variations in Capitalism (Source: Fulcher, James. (2004). Capitalism: a Very Short Introduction, Oxford University Press.
The Birth of Capitalism : A Twenty-first-century Perspective

Authors:
Heller, Henry
The fall of communism and the rise of capitalism (Source:
Hoffmann, Stanley. (1998) World Disorders: Troubled Peace in the Post-Cold War Era. Lanham, Maryland and Oxford, England: Rowman & Littlefield Publishers).

ANSWER ONLY ONE QUESTION
1. Discuss the theoretical origins of communism and capitalism theory.
2. Discuss Karl Marx’s alienation and social class division idea.
How does this contribute to the revolution that Marx discusses?
3. Discuss bourgeois revolution and political capitalism.
4. Discuss communism and capitalism. Explain the different types of economic
systems under each theory. Focus on the following issues: trade, enterprise,
and labour relations.