•Utilitarianism – Gov’t actions are useful only if they promote the greatest good for the greatest number of people Adam Smith •Economic Freedom •Gov’t should not interfere in the Economy Adam Smith 3 laws of Economics 1. Self Interest – People will work for their own good 2. Competition – Competition forces people to better the product 3. Supply & Demand – Enough goods will be produced at the lowest price to meet the needs of the people Thomas Malthus •Population increases more rapidly than the food supply •Wars & Diseases are needed to control the population David Ricardo •The poor will always be poor •As population rises, more workers are created therefore decreasing wages John Stuart Mill •Gov’t should control divisions in wealth •Divide profits equally •Women’s rights Robert Owen •Founder of Socialism •Provided Low rent housing •No kids under 10 worked •Provided free schooling Charles Fourier & Henri de Saint-Simon •Worked to have Socialism replace free market capitalism Karl Marx & Friedrich Engels • “The Communist Manifesto” •Predicted the destruction of the capitalist state & the creation of a classless communist state William Wilberforce •Led the fight against slavery in Great Britain & it’s Empire Jane Addams •Ran settlement houses to provide for the poor. •“Hull House” Horace Mann •Free Schooling for all Children