In class last
week, we did an activity using starbursts to represent capitalism, communism,
and socialism. When we first walked into the classroom, Ms. Bailey handed
everyone either three or ten starbursts. This was to represent the rich and the
poor in society. It was picked at random which students were “wealthy” and
which were not. At first, when everyone sat down in their seats and started to
notice that some people had more candy than others, people started to react. Some
students got angry that they had less; they thought it was unfair that others
had more. After everyone was settled, it was explained to us that the unequal distribution
of candy represented capitalism and how private ownership of industries got
some people more money than others. Then, to compete for the candy, we played
rock, paper, scissors, shoot to demonstrate the results in unequal economic
classes. When you chose someone to play against, and you lost, you had to give
them one of your candies. If you won, you gained one of your opponent’s
candies. After we had ten minutes of competition against our classmates, we all
sat back down in our seats with the candy we had collected. Some had more candy
than what they started with, others had less, and some students ended up with
no candy at all. Many of us were satisfied with the amounts of candy we had
collected, and expressed that the unequal division was now fairer because we
each worked hard for what we ended up with. But just as we thought our shares
had been finalized, our candy was all collected and pooled together then
redistributed in equal amounts to show socialism and how the industries owned
by the government had their money
collected and redistributed equally amongst a group of people. Socialism
demonstrates the idea that people are not always making what they work for
because the government has control over what money you keep, even though you were
the one who truly earned it. After the redistribution, communism had finally
been reached. We had met a classless society where everyone had the same amount
of candy. This activity was a fun hands on experience that easily and straight
forwardly taught us about capitalism, socialism, and communism.
It appears that
both Marx and Smith wanted to somehow help the poor people of society, but they
had very different approaches as to how to do so. Marx’s theory was based around
communism, capitalism, and socialism. He believed that in order to make things fairer,
there needed to be a more structured system of government such as socialism
that gave the government the right to equally distribute money to achieve a classless
society. This would help the poor because it gave them some money that they had
no way of making. Smith’s theory was called the Invisible Hand. The Invisible
Hand stated that there was to be no government control over any business and
that businesses would regulate themselves through supply and demand. It was
believed that businesses would offer lower prices or better goods to attract
more customers, and the competition between businesses would regulate the
market. This theory was believed to help the poor because the government had no
control over businesses and how they made their money and what they sold. So anyone
could make their own money and nit have to worry about it being collected and
evened out.
In my opinion,
Smith’s theory is the better one. I feel as though if you work hard to earn
your money, then you should be able to keep all of it for your own business and
not have to worry about it being collected and redistributed. There were people
who couldn’t earn money on their own, but even in that scenario; I still
believe that you should not be giving up what belongs to you to someone else.
Your hard work should not be taken away from you. The Invisible Hand was a well
developed system of how businesses would maintain themselves. It helped show that
the supply and demand of products was able to keep the government out of the
picture and prove that the people who were earning money on their own deserved
it because they were helping to regulate the market to keep their businesses up
and running.