The Communist Manifesto Vocab Flashcards
Uncontested
Not contested
Contested- engage in a competition to gain power/ opposed
Intrinsic
Belonging to the essential nature of a thing
Merit
Worthiness or excellence
Authoritarian
Favoring complete obedience or subjection to authority as opposed to individual freedom
Concocted
Past tense of concot
Concot- to create or devise
Marxism
A social, economical, and political philosophy that analyses the impact of the ruling class on the laborers, leading to uneven distribution of wealth and privileges in the society
What does economic backwardness entail?
Keynesianism
Keynesianism is fundamentally not socialism, but an attempt to save capitalism from itself.
Keynesians belive that…
because prices are somewhat rigid, fluctuations in any component of spending—consumption, investment, or government expenditures—cause output to change
Fluctuation
An irregular rising and falling in number or amount; a variation
Ascendent
Rising in power or influence
Modernity
the quality or condition of being modern
Forces of modernity…
Objectivism and subjectivism, individualism and the nationalism, democratization and totalitarianism
Objectivism
the concept of man as a heroic being, with his own happiness as the moral purpose of his life, with productive achievement as his noblest activity, and reason as his only absolute- Ayn Rand
Ambiguity
The quality of being open to more than one interpretation; inexactness