Thomas E. Woods, Jr., is the New York Times bestselling author of 11 books, including The Politically Incorrect Guide to American History and Meltdown (on the financial crisis.) A senior fellow of the Ludwig von Mises Institute, Woods has appeared on MSNBC, CNBC, FOX News, FOX Business, C-SPAN, Bloomberg Television, and hundreds of radio programs... (Read More)
A reader writes:
I am a history teacher and next week we begin the Industrial revolution and the economic systems, capitalism, socialism and communism. I work at a great school and the other teachers and I all share material to help eachother. Howerver, one teacher found a lsesson on the internet and it is being passed around right now. Everyone is so excited about it and saying, “Oh this is so much fun. The kids are gonna love it and it gets the point across.” Mean while I’m pulling my hair out. Long story short you give the kids some candy and have them play rock paper scissors until a few kids have won all the candy. It’s supposed to point out how capitalism leads to an uneven distribution of wealth. If you Google rock paper scissors communism history lesson you will find the page.
So the reason I write is to see if you know of an equally “fun” way to demonstrate the difference between the systems that doesn’t make capitalism out to be this horrible system that leads to a 99% poverty rate?