12.

Question 1

What is Emancipation?

Answer 1

Relates to efforts aimed at removing oppression of some groups or procuring political rights or equality for particular disenfranchised groups.

Question 2

What is Social praxis?

Answer 2

Envisages a broad understanding of both ‘theory’ and ‘practice’ and is generally understood to refer to the assumption that there is a two-way (and possibly circular) relationship between theories and practices, whereby theory influences social practices while social practices also influence theory.

Question 3

What is Socialism?

Answer 3

Any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods.

Question 4

What is Anti-capitalists?

Answer 4

Those who wish to completely replace capitalism with another system.

Question 5

What is Status quo?

Answer 5

A Latin term meaning the existing state of affairs.

Question 6

What is Expressive realism?

Answer 6

In literary theory, it is the notion that a text is an objective reflection of an underlying reality.

Question 7

What is Critical perspective of accounting?

Answer 7

Used to refer to an approach to accounting research that goes beyond questioning whether particular methods of accounting should be employed, and instead focuses on the role of accounting in sustaining the privileged positions of those in control of particular resources (capital) while undermining or restraining the voice of those without capital

Question 8

What is Marxist critique?

Answer 8

Owners of capital are regarded as having (unfairly) accumulated their wealth by the historical exploitation and expropriation (over several centuries) of the value created by workers (or labour); workers are seen as feeling alienated both from society and from the products the produce, as their lives are largely controlled by external and impersonal markets rather than by their own free choices.