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In theory, communism    promotes common ownership of all property, means of production, and materials. This means that the government, or states, should own the property, farms, manufacturing, and businesses. By controlling these aspects of the economy, Communist governments can prevent the exploitation of workers while creating an equal society. Extreme inequality of income, in which some citizens earn millions of dollars a year and other citizens merely hundreds, is prevented by instituting wage controls or by abandoning currency altogether. Communism presents a problem, however, because the practice differs from the theory. The theory assumes the move to communism is supported and led by the proletariat, or the workers and citizens of a country.

Frederick Engels. 1847. The Principles of Communism . Trans. Paul Sweezy. https://www.marxists.org/archive/marx/works/1847/11/prin-com.htm (February 17, 2016).
Human rights violations by governments of actual Communist countries make it appear the movement has been driven not by the people, but by leadership.

We can characterize economic variations on these ideologies by adding another dimension to the ideological spectrum above—whether we prefer that government control the state economy or stay out of it. The extremes are a command economy, such as existed in the former Soviet Russia, and a laissez-faire (“leave it alone”) economy, such as in the United States prior to the 1929 market crash, when banks and corporations were largely unregulated. Communism prioritizes control of both politics and economy, while libertarianism is its near-opposite. Libertarians believe in individual rights and limited government intervention in private life and personal economic decisions. Government exists to maintain freedom and life, so its main function is to ensure domestic peace and national defense. Libertarians also believe the national government should maintain a military in case of international threats, but that it should not engage in setting minimum wages or ruling in private matters, like same-sex marriage or the right to abortion.

Libertarian Party. 2014. “Libertarian Party Platform.” June. http://www.lp.org/platform (February 17, 2016).

The point where a person’s ideology falls on the spectrum gives us some insight to his or her opinions. Though people can sometimes be liberal on one issue and conservative on another, a citizen to the left of liberalism, near socialism, would likely be happy with the passage of the Raise the Wage Act of 2015, which would eventually increase the minimum wage from $7.25 to $12 an hour. A citizen falling near conservatism would believe the Patriot Act is reasonable, because it allows the FBI and other government agencies to collect data on citizens’ phone calls and social media communications to monitor potential terrorism ( [link] ). A citizen to the right of the spectrum is more likely to favor cutting social services like unemployment and Medicaid.

A series of bar graphs showing differences in public opinion. The first graph asks “which statement comes closer to your view of the patriot act?”. Those who responded that they viewed it as “a necessary tool that helps government find terrorists” aligned to the following parties: 57% of republicans, 35% of democrats, and 37% of independents. Those who responded that “it goes too far and threatens to civil liberties” aligned as follows: 22% of republicans, 40% of democrats, and 42% of independents. The heading for the remaining graphs asks “Would you increase, decrease, or keep spending the same for…?”. When asked about health care, 58% of democrats would increase, and 35% would keep it the same; for republicans, 16% would increase, 40% would keep it the same, and 44% would decrease; for independents, 34% would increase, 43% would keep it the same, and 23% would decrease. When asked about unemployment assistance, 9% of republicans would increase, 35% of republicans would keep it the same, and 56% would decrease; for democrats, 41% would increase, 46% would keep it the same, and 13% would decrease; for independents, 20% would increase, 48% would keep it the same, and 32% would decrease. When asked about aid to needy in the U.S., 9% of republicans would increase, 42% would keep it the same, and 49% would decrease; for democrats, 39% would increase, 52% would keep it the same, and 9% would decrease; for independents, 28% would increase, 47% would keep it the same, 25% would decrease. When asked about the minimum wage, 50% of republicans would increase, 48% would keep it the same, and 2% would decrease; for democrats, 91% would increase, and 9% would keep it the same; for independents, 68% would increase, and 30% would keep it the same. When asked about environmental protection, 12% of republicans would increase, 48% would keep it the same, and 40% would decrease; for democrats, 52% would increase, 40% would keep it the same, and 8% would decrease; for independents, 31% would increase, 48% would keep it the same, and 21% would decrease. When asked about scientific research, 22% of republicans would increase, 46% would keep it the same, and 32% would decrease; for democrats, 47% would increase, 43% would keep it the same, and 10% would decrease; and for independents, 38% would increase, 41% would keep it the same., and 21% would decrease. At the bottom of the chart, a source is cited: ““Patriot Act”: Pew Research Center. “Public Remains Divided Over the Patriot Act.” February 15, 2011. “Affordable Care Act”: Pew Research Center. “ACA Remains Deeply Partisan; Public Divided Over Future of Law.” February 22, 2015. Source “Spending”: “Spending Cuts Divide Parties.” Pew Research Center. February 2013. “In U.S., 71% Back Raising Minimum Wage.” Gallup, Inc. “Support for raising U.S. Federal Minimum Wage to $9 per Hour.” March 2013.”
Public opinion on a given issue may differ dramatically depending on the political ideology or party of those polled.

Summary

Public opinion is more than a collection of answers to a question on a poll; it represents a snapshot of how people’s experiences and beliefs have led them to feel about a candidate, a law, or a social issue. Our attitudes are formed in childhood as part of our upbringing. They blend with our closely held beliefs about life and politics to form the basis for our opinions. Beginning early in life, we learn about politics from agents of socialization, which include family, schools, friends, religious organizations, and the media. Socialization gives us the information necessary to understand our political system and make decisions. We use this information to choose our ideology and decide what the proper role of government should be in our society.

Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
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Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
Mercy Reply
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money as unit of account means what?
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A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
Kalombe
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Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:  OpenStax, American government. OpenStax CNX. Dec 05, 2016 Download for free at http://cnx.org/content/col11995/1.15
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