Essay about Themes in Global History

2451 Words Nov 8th, 2015 10 Pages
CC 2.2- Themes in Global History since 1500 C.E.

How Does History Repeat Global History

It’s common for historians to argue about different events of history and to provide their opinions from the facts they have collected and studied. The only thing that historians tend to agree on is that history tends to repeat itself. Our various history lessons always tell the tale of a society faced with an issue and then goes into detail how our predecessors were able to confront it. A question we can ask ourselves when faced with a similar situation is “Can the solution that may have worked 300 years ago work in these modern times?” President Barack Obama has spoken on many proposals that can be linked
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This in theory would be carried out by the “invisible hand” also referred to as laissez-faire, or market free will. Adam Smith stated that "by pursuing his own interest, [the individual] frequently promotes that of the society more effectually than when he intends to promote it.” (pg 32) To simplify it, think of it as riding an elevator with another person who happens to be going to the same floor as you. When you press the button to go to your destination you’re really doing it to get to where you are going, the person in the elevator just so happens to benefit by not having to press a button but still experiencing the result that benefits them which is going to their specific destination.
The extreme to Adam Smiths free hand is that of Marx’s Communist Manifesto which supported revolution actions that would result in their being a unified state where all the power and decisions are made by the State. I am a firm and strong believer of capitalism and am very familiar with certain facets that’s make it ideal for our economy. Lessons from history show us that there are things that we can not avoid. The working class will always feel oppressed and at a disadvantage and will want to revolt against the wealthy class. This will in turn transfer the power from one class to another. To sum up Marx’s theory he was all for the abolition of private property and centralizing it within the state. This will keep the

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