New Ways of Thinking utilitarianism socialism means of production communism proletariat social democracy I. Laissez-faire economics A. Adam Smith and free enterprise. 1. 2. II. Malthus holds bleak view A. Thomas Malthus predicted that population would outpace food supply. 1. 2 B. David Ricardo shares view. 1. 2. Utilitarians for Limited Government 1. What did John Stuart Mill see as the proper role of government? Socialist Thought Emerges 2. What did early socialist believe? Karl Marx Explains Class Struggle 3. What did Karl Marx predict was the future of the proletariat? Marxism in the Future 4. How accurate did Marx’s predictions about social classes prove to be?