Marxism

Question 1

Surplus value

Answer 1

What is the term Marx used to refer to profit the thought it should be shared among the workers?

Produced over an above what is required to survive, which is translated into profit/capitalism

Question 2

False class consciousness

Answer 2

This is a Marxist concept that suggests that the proletariat do not recognise that they are being exploited by the bourgeoisie and contribute to their own exploitation

Question 3

Rolling class ideology

Answer 3

Class who owns the means of production in given society the idea of the ruling class which are imposed on the working class e.g. capitalism is a first system

Question 4

Revolution

Answer 4

Shouldn’t changes in the structure and nature of society when workers will develop awareness of their exploitation and overthrow the system

Question 5

Marxism explains what

Answer 5

It explains why social class inequality exist although it fails to recognise a complexity of employment nowadays and the growth of the middle class

Question 6

What is capitalism?

Answer 6

An economic system based on the private ownership of businesses
Prices all goods are determined by supply and demand in a market
Owners of these businesses can keep and spend their profit made however they choose
The workers in the capitalist system take a share of these profit via wages, but these are low and they are exploited