Chocolate Makes The World Go Round

Today in class we partook in a social experiment, in which we recreated capitalism to a small scale. Instead of using actual money as currency, we used Hershey's chocolate kisses to symbolize currency. Everyone received 2 chocolates, except for a small minority, who received 10, instead of 2. Almost everyone thought that it was unfair, and complained. The frustrations temporarily went way when rock, paper, scissors was brought into play. Two people would play rock, paper, scissors with one another, and the loser would give on of his/her chocolates to the winner. When one ran out of chocolates, they were forced to sit down, and couldn't participate any more. Through out the game, people were trying to create tactics to increase their chances of gaining a monopoly, someone thought it was a good idea to invest half their chocolates to a person with no chocolates and collect half their shares when the activity ended. That idea was a bust, and by the end they both were bankrupt. I did pretty good myself, usually holding 10 chocolates a nice even number, if I went over 10, i usually gave the surplus to the poor, because wheres the fun in playing with yourself? By the end of the activity, I had a supply of 10 chocolates.

When the activity ended, all the chocolates were collected and redistributed evenly among the class so everyone had at least 2 chocolates, and the teacher received 12 for the trouble of collecting everyone's chocolates. Many of the people who profited complained, but all of those who were chocolate broke were happy. The class were then given the choice to continue the game. Most of the people, the majority, who ran out of chocolates voted no. Because the majority voted not to continue the game, and keep the 2 chocolates they were given, creating a socialist government within the class.

Karl Marxs the Theorist who created Communism

Through out the Industrial Revolution, 2 major theories about economies were created. The first theory developed was the Communism theory created by Karl Marx, a German "noble". Marxs observed that with Capitalism in power it was very difficult to climb the social ladder. Marxs them theorized that, with this information, one day the poor would rebel against those who are high up in the social ladder, and take all the wealth and evenly distribute it without the formation of a government. This was the creation of Communism. While we're at it, lets get something straight, the communism you thinking about, the one some certain countries "cough" Soviet Union, Cuba, Laos, North Korea, China, Vietnam  "cough" ran themselves with, isn't actually Communism. That's actually Socialism, a form of Communism, Communism a truly classless society in which no centralized government needed to redistribute wealth. Communism in theory is a great idea, but it has never truly been achieved, and probably won't for a LONG time.

The Invisible Hand  

The second, more interestingly named theory was the Invisible Hand theory introduced by Adam Smith. the Invisible Hand theory put in effect when people to buy goods in their own self-interest. They would try to buy the highest quality goods for the lowest possible price. Basically meaning that the economy autopilots
and the government do nothing to the economy. Under this theory, small honest businesses can compete with large industrialized business in the same field. The main problem with this method is it will take a LONG time to fully work, and the time in between is going to be really hard.

The Invisible Hand thearoy explained

I find that both systems are equally flawed. With communism, all work gives the same amount of pay.  If a certain jobs for example, a coal miner have high mortality rate, no one will want to work that job if every other job will have the same pay. Inevitably there will have to be some force that will force a person into working in a coal mine, because people need coal, and that force will probably evolve into a government, poisoning it into a Socialism. Communism is impossible, when dealing with the human psyche. The Invisible Theory's flaws are that it will take a LONG time, and lots of suffering for the benefits to come in, and even though there is better living qualities, there will still be a social ladder. Personally I prefer the Invisible Hand theory, because strategically it's the better plan. There might be a couple bumps along the way but it is the best method.