Wednesday, October 8, 2014

Rock Paper Scissors Shute

In class we played Rock Paper Scissors Shute. We all started with a different amount of candy and when you were out of candy you had to sit down. It was fun because I enjoy playing Rock Paper Scissors Shute. It was frustrating because it was easy to lose. The people who started with more candy had an advantage because they had to lose a lot in order to sit down. 

Karl Marx believed that it would turn from capitalism to socialism to communism. He believes that the government should just run everything an the people should have no say.  Marx believed that the merchants would benefit themselves by overthrowing the nobles. Smith believed in the invisible hand. That benefits the poor because it allowed people to buy trade and live the way they want.  That got to regulate their prices. 

In my opinion the invisible hand is the best theory because the shop owners could control their trade and maximise their profits. It is a good system because it is fair and nobody gets cheated. It make it so every gets even prices, the system evened itself out naturally.  I don't believe that there is another alternative because no matter what system you use someone is not going to be happy. The systems that Marx and Smith belived in are the most affective ones in my opinion. 

No comments:

Post a Comment