Rock, Paper, Socialism, Shoot!

The classic game Rock, Paper, Scissors, can be used in more ways than just a game to play when you're bored or a way to break a tie. In class we played this fun, interactive game to simulate communism, capitalism, and socialism. Adding chocolate to the game made it even better! This class was exciting yet frustrating at the same time. I hated losing my chocolate when I lost a round of the game. I can only imagine how people felt having to give up some of their wealth when faced with capitalism, communism, and socialism in real life.

Karl Marx and Adam Smith both wanted to help the poor, but they had very different approaches on how to do so. Marx came up with theories in which the poor would help themselves. We call these ideas communism, socialism, and capitalism. In communism, there would be no government needed. Everyone would share the resources. Therefore, the poor could have access to the same things the wealthy did. With socialism, there would be economic equality and a classless society. Each citizen would start with the same amount of wealth. The poor people would have an equal amount to the rich people. And lastly, there's capitalism, in which there is freedom of competition and unequal economic classes. With this system, the poor would truly have to fight for themselves. Adam Smith's theory of the invisible hand helped the poor in a very different way. Smith believed in a government that let the market naturally take care of itself. This would allow higher quality goods to be sold at lower prices due to competition between companies. The invisible hand initiates the changes. Poor citizens could buy good products at an affordable cost.

I personally believe that Adam Smith's theory is best. Industrialists are allowed to be in control of their own businesses. Under this system people can choose what they want to buy and sell. Higher quality products could be sold at more affordable prices. Opposed to Marx's theories the wealthy people could continue to be wealthy, but the poor people are given opportunities to catch up and prosper. This theory  seems to please many social groups. This is a good system because it seems to please many social groups.

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