Chocunism

During class, as a lesson of how communism came to be, we played a game to show the economic system during the industrial revolution. Each student was given 2 pieces of candy,aside from 2 students who received between 6 and 10. Then, we had to either lose or gain wealth by playing rock-paper-scissors with our classmates. The poor had the opportunity to become rich, and vise-versa. That was capitalism. The next step taken by the government was socialism, in which the government owns industry and the goal is economic equality in a classless society. Then, after that is communism which is the goal of socialism being met to the point where government isn't even needed. This lesson was fun, until I lost all my candy. However, it was a fun way to learn rather than taking notes.

The invisible hand is an idea to just let people take care of themselves and for the government to leave them and the economy be. Sellers will put their highest quality goods at the lowest price they possibly can, and they will succeed and the economy will grow and thrive. However it does take a while for things and people to become used to it, so the government usually does step in to keep things running. The invisible hand allows people to have a choice and make their own successes and failures, whereas communism would take money from hardworkers to other people. The invisible hand does help the poor, because eventually the prices will get so low that they'll be able to afford them. Years later, Marx's ideas were developed and they threatened the upper class so much that he was exiled. This was because some of them worked hard for their money, and some of them had never had anything less than what they did and were not prepared for change. Though his idea would help the poor, it is thought that had any governments adopted it, nobody would push themselves to improve or become their own people, much like the way it is in North Korea. 

Personally, I'm a fan of the invisible hand, however I do think having someone to represent the country is necessary. Also, if the invisible hand were to be put into play, the country would have to go through a period of depression until the system became normal.