The Fall of Socialism Essay

Socialism in America has progressed substantially and is not bettering The United States. Socialism is a political theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. In much lighter terms socialism is where a government owns and runs everything in the country to, in theory, better the nation for the people. To increase the growth and help the economy in America the people need to learn what socialism is, learn why socialism does not benefit America, limit the federal government’s power, and look at statistics of the poor people in America.

Before the Gilded Age, economic growth came to a halt because of the Depression of 1873. The depression led to the bankruptcy of many banks and railroads, and resulted in hundreds of thousands of people out of work. The Liberal Republican party also emerged as result of the depression. Liberal Republicans were strong advocates for laissez faire policies, where there is no government regulation in businesses or the economy. With this ideology, liberal republicans believed that it would help stimulate economic growth and create more jobs. While liberal republicans were unsuccessful in getting into office, they helped push the Democratic party (who were able to get control of the House in 1784) shift their agenda to supporting laissez faire capitalism. By 1879, The Depression of 1873 had ended and the second Industrial Revolution began.

The political shifts in American history during the last two centuries are often explained by Arthur Schlesinger's cyclical explanation of eras of public purpose followed by private interest. What is considered liberal versus what is considered conservative shifts in a similar pattern. While laissez-faire policies are considered liberal in the Roaring 20's, the onset of the Great Depression in

The Great Depression drastically changed America's definition of Liberalism. Prior to the onset of the depression, in the roaring twenties, policies of laissez-faire were considered liberal, radical, revolutionary, and even democratic. This was due to the fact that revolution was a horrifying notion and not until after the laissez-faire and the system of free market fails in the 1920's do people begin to look about for alternatives. The time when people starting to seek alternatives was at the onset of the depression when America's political views drastically change. As the Great Depression, started in 1929, America began to view conservatives as following the policies of social Darwinism, laissez-faire, and having

Three different types of economic systems used by governments are Communism, Capitalism, and Socialism. Each type of system is unique in different ways. Each has distinct aspects that make it what it is. In communism, the government runs everything and there are no social classes. The government in capitalism doesn’t interfere with any businesses and lets the citizens own and operate them. Socialism is basically a mixture of the two economic systems. The government runs certain businesses, but citizens run the rest. The three economic systems are different in the way they run things and regulate things.

In the 1920s, the U.S. economy was “roaring,” or so people thought. In reality, the economy balanced on a shaky foundation, and in 1929, the country plunged into the worst economic decline in American history (Danzer 690). Thirteen to fifteen million people were left unemployed by 1933, and half the banks in the nation had failed (The Great). America began to see soup kitchens, bread lines, and masses of homeless people popping up in towns and cities (The Great). Herbert Hoover, the Republican U.S. president from 1928-1932, did not believe in direct relief, and provided little to no support for the needy (The Great). Clearly ready for a change, Americans elected Democrat Franklin Delano Roosevelt into office in 1932 (The Great). The New Deal, Roosevelt’s plan to “fix” the economy, was created to

The liberal ideas of FDR’s New Deal were coming to an end. The failing economy, poor political leaders, and drastic social issues that took place in the 1970s left Americans searching for salvation. Over the next decade, the United States will later find that salvation in conservativism.

During both the Progressive era and the New Deal era, policies as well as programs were being created in an effort to assist the American public, specifically those living in poverty. Throughout the early 1900’s Roosevelt had strayed away from the typical laissez-faire policy and decided that the people would need to be guided by the government. “Wilsonian Progressivism” had also aimed at assisting the public with his “New Freedom Program” which consisted of antitrust legislation, banking reform as well as tariff reductions. After the stock market crashed in 1929, America had fallen into a Great Depression resulting in the unemployment of millions. Newly elected Franklin D. Roosevelt decided to present his

All through time The United States of America and the people running have had the debate regarding “economic Freedom.” Each President of the United States has handled the situation differently and a lot of that has to do with their parties. The Republican Party has believed that the only way to success is by achieving it, therefore their hard work should reflect towards their economic life and freedom. On the other side of things are the beliefs of the Democrats, their views in favor equal opportunity for the working class. Through time Liberal President, Franklin D. Roosevelt and his “New Deal” as well as Conservative Republican Ronald Regan and his “Trickle Down Economics”, have both made the biggest economic impacts regarding the debate.

People also wanted these reforms, but because of the crisis that was happening, these reforms were absolutely needed in order to save the country. The New Deal Era came right after World War I and the Great Depression. The war had taken a lot of money and resources to win. And then once everyone thought everything was doing great during the Roaring 20’s, the stock market crashed, beginning the Great Depression. Once the stock market crashed the economy began to decline because people weren’t able to sell their stock fast enough and then prices began falling. The economy declining meant that banks could not give out loans. Because of this businesses failed and they had to let go of workers. Unemployment rates got higher which meant that people spent less, also causing the economy to decline. After all of this happened the U.S. desperately needed a plan to save themselves. So when FDR stepped up, the New Deal Era and all of it’s changes began. The New Deal Era was a response to the Great Depression. In 100 days Congress and FDR “enacted fifteen major bills that focused primarily on four problems: banking failures, agricultural overproduction, the business slump, and soaring unemployment” (Henretta 740). The fact that in 100 days 15 major bills were passed shows how fast paced these reforms were in comparison to the Progressive Era. This is mostly due to the urgency of the situation which the country was in. For example to bring the banks back, FDR closed them and only allowed them to reopen if they had enough money to support themselves. He also had banks merge together. These actions saved the banks which kickstarted the economy again. FDR also created many agencies and policies to help address the problems the U.S. was having. The SEC was created to help regulate everything with the stock market, an agency that is still around today. The Social Security Act was created during the second New Deal and it

At the beginning the government led by Herbert Hoover was unresponsive to the demands of the people due to his belief in rugged individualism. As Hoover’s presidency continued violent strikes by workers became a common occurrence and many became discontent with the Republican Party (Henretta et al., 2015, p.666-670). This made room Franklin D. Roosevelt who would respond to the demands of the people by transforming the country into a welfare state. In Roosevelt’s presidency social security would be introduced, employee right to organize and bargain would be guaranteed, and unemployment benefits would begin to be provided (Henretta et al., 2015, p.678). The country was still in an economic recession but with these laws the people were protected from the worst of it until America entered the Second World War and gained a revitalized post war

Communist had a long history during the 20th century, and communism was very influential. Almost all of Asia and East Europe became Communist. From the start of the theory then many civil wars in Russia affected the whole world. Communist defined the idea of itself in many different ways, it helps many nations came together formed a party fought wars, but it also made many countries became really poor, and the economy in most of the countries got pushed back about 10 years. Communism is an economic and political system that sought to create an egalitarian society; it collapsed because of personal interest and government’s corruption.

The era that preceded the formation of the Soviet Union was earmarked with social unrest, famine, and failed governments. After many struggles, many smaller soviet republics joined to form a large conglomerate nation, known as the Soviet Union in 1922. Vladimir Lenin, leader at the time, replaced the failing capitalist government with a communist government. . At the end of WWII, most of Eastern and Central Europe’s countries were being occupied by the soviet army. They came to be controlled by the Soviet government and pulled back behind an “iron Curtain”. Winston Churchill’s famed Iron curtain remark refers to the countries that fell under the spell of the Soviet Union and shut out the western world ways of capitalism. The countries of

Starting during the 1970s, factions of American conservatives slowly came together to form a new and more radical dissenting conservative movement, the New Right. The New Right was just as radical as its liberal opposite, with agendas to increase government involvement beyond the established conservative view of government’s role. Although New Right politicians made admirable advances to dissemble New Deal economic policies, the movement as a whole counters conservativism and the ideologies that America was founded on. Although the New Right adopts conservative economic ideologies, its social agenda weakened the conservative movement by focusing public attention to social and cultural issues that have no place within the established Old

Communism in the USSR was doomed from the onset. Communism was condemned due to lack of support from other nations, condemned due to corruption within its leadership, condemned due to the moral weakness of humanity, making what is perfect on paper, ineffective in the real world. The end of this system was very violent. It left one of the two most powerful nations in the world fearful of what was to come. <br><br>Communism can either be called a concept or system of society. In a society that follows the communist beliefs groups own the major resources and means of production, rather than a certain individual. In theory, Communism is to provide equal work, and benefits to all in a specific society. Communism is derived from many ancient