Structuralism chapter 4

What is Karl Marx known for?

• His role in the Russian revolution

• His views on imperialism

• His theory of history and critique of capitalism

• His analysis of the financial crisis of 2007

According to Marx, what determines the change in the social system?

• Political climate

• Economic climate

• Technological advancements

• Cultural factors

Who are the bourgeoisie according to Marx?

• Wealthy elites who own the means of production

• Workers who sell their labor to capitalists

• The majority of the population without production assets

• The organization in a society that governs the population

What is the law of the falling rate of profit?

• The tendency of profits to decline and eventually disappear over time

• The problem of under consumption in capitalism

• The creation of increasing inequality in the distribution of income and wealth

• The relationship between capital abundant nations and capital-scare nations

What is the labor theory of value?

• The value of a commodity is related to the amount of labor required for its production

• The tendency of profits to decline and eventually disappear over time

• The problem of under consumption in capitalism

• The creation of increasing inequality in the distribution of income and wealth

What is the law of concentration according to Marx?

• The tendency of profits to decline and eventually disappear over time

• The problem of under consumption in capitalism

• The creation of increasing inequality in the distribution of income and wealth

• The tendency of capitalism to create increasing inequality in the distribution of income and wealth

How does capitalism create exploitation according to Marx?

• By creating an artificial scarcity of capital

• By expropriating a share of the economic output that should belong to workers

• By controlling the state and its regulations

• By manipulating ideologies

What is the role of the state in a capitalist society?

• To govern the population within a particular territory

• To create instability in the capitalist system

• To control the means of production

• To promote the interests of the working class

What is Lenin known for?

• His role in the Russian revolution

• His views on imperialism

• His theory of history and critique of capitalism

• His analysis of the financial crisis of 2007

What is imperialism according to Lenin?

• The tendency of profits to decline and eventually disappear over time

• The unequal distribution of income within nations

• The expansion of control by advanced capitalist core states over colonial regions

• The heavy investment in production leading to overproduction