Capitalism and socialism - Study guides, Class notes & Summaries

In Marxist theory, the term "bourgeoisie" refers to: a. those who sell their labor in the marketplace b. state government officials c. those who own and control the means of production d. a pool of unemployed people e. the great masses of people who are controlled by the proletariat - Answer-c. those who own and control the means of production According to Marxist theory, the control of the political state and manipulation of the legal system by the capitalist class to protect its own ...

Welfare Capitalism - correct answers an economic and political system that combines a mostly market-based economy with extensive social welfare programs state capitalism - correct answers an economic and political system in which companies are privately owned but cooperate closely with the government Capitalism - correct answers an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. Socialism - cor...

My Week 2 Discussion Capitalism and Socialism: Case Study: Uber Uber is demonstrating a new business model; an on demand model. According to an on article on Uber leading the economy of the future, the author wrote, “The success of Uber and of companies with an Uber-like business model is particularly noteworthy in the context of a global economy struggling with slow growth. Technology is unlocking these opportunities. In particular, mobile applications are enabling start-ups to aggregate su...

Revolutionary socialists - ANSWER-Marx and Engels Rosa Luxemburg Social democrats - ANSWER-Beatrice Webb Anthony Crosland Third way socialists - ANSWER-Anthony Giddens Marx and Engles - human nature - ANSWER-human nature, originally fraternal and altruistic, has been contaminated by capitalism, instilling the 'false consciousness' of bourgeois values Marx and Engles - the state - ANSWER-the existing liberal bourgeois state is a tool of the dominant capital class, it must be destr...

PHI445 Week 2 Discussion, Capitalism and Socialism Case Study: Uber (Two Responses)

My Week 2 Discussion Capitalism and Socialism: Case Study: Uber Uber is demonstrating a new business model; an on demand model. According to an on article on Uber leading the economy of the future, the author wrote, “The success of Uber and of companies with an Uber-like business model is particularly noteworthy in the context of a global economy struggling with slow growth. Technology is unlocking these opportunities. In particular, mobile applications are enabling start-ups to aggregate su...

MIE 201 Test 1 Makanui Latest Update Graded A+ business individuals or organizations who try to earn a profit by providing products that satisfy people's needs products a good or service with tangible and intangible characteristics that provide satisfaction and benefits profit the difference between what it costs to make and sell a product and what a customer pays for it nonprofit organizations organizations that may provide goods or services but do not have the fundamental p...

Which of the following best describes capitalism? A. An economic system focused on adherence to government policy and procedure B. A system where the government controls the production of products and services C. A planned economic system D. An economic system where most products and services are provided by businesses and individuals, but some products and services are provided by the government E. An economic system where individuals and businesses are responsible for producing and sellin...

My Week 2 Discussion Capitalism and Socialism: Case Study: Uber Uber is demonstrating a new business model; an on demand model. According to an on article on Uber leading the economy of the future, the author wrote, “The success of Uber and of companies with an Uber-like business model is particularly noteworthy in the context of a global economy struggling with slow growth. Technology is unlocking these opportunities. In particular, mobile applications are enabling start-ups to aggregate su...

BCOR 1015 Final Questions and Answers Graded A What are Hayeks views on planning and decision making? he believes in decentralized knowledge HAYEK: what is decentralized knowledge? spreading knowledge amongst people is Hayek against centralization? yes HAYEK: how does the price system coordinate resources? price signals are used to make decisions and send information to other groups because prices are lower or higher what are price signals? signals wrapped up in incentives; prices can consta...