Relationships in Production of Commodities

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Questions and Answers

In Marx's theory, what is surplus value?

  • The value of commodities that workers are paid for
  • The profit made by capitalists after exploiting workers
  • The total value of commodities produced by the worker
  • The value of commodities necessary to reproduce the worker’s labor-power (correct)

According to Marx, what is exploitation in a capitalist society?

  • Workers using resources without permission from capitalists
  • Workers refusing to produce any surplus value for capitalists
  • Capitalists providing fair compensation to workers for their labor
  • Capitalists taking surplus value from workers by paying them less than the value they produce (correct)

Which class in capitalist society is responsible for producing most of the value?

  • The lower class
  • The middle class
  • The working class (correct)
  • The capitalist class

What is the main role of capitalists in a capitalist society according to Marx?

<p>Extracting surplus value from workers' labor (D)</p> Signup and view all the answers

How does Marx define exploitation in technical terms?

<p>The difference between the value of commodities a worker produces and what they are paid (B)</p> Signup and view all the answers

What does surplus value represent in Marxist terms?

<p>The additional value extracted from workers beyond what they are compensated (B)</p> Signup and view all the answers

According to Marx, what defines the bourgeoisie / capitalists?

<p>People who own the means of production (D)</p> Signup and view all the answers

What is one effect of neoliberalism according to critics?

<p>Growing economic inequality (A)</p> Signup and view all the answers

What is the main source of income for the working class according to Marx?

<p>Selling their labor-power (C)</p> Signup and view all the answers

What is one element of precaritization resulting from loosening labor laws and weakening unions?

<p>Intensification of labor and pressure on employees (B)</p> Signup and view all the answers

In Marx's theory, what does 'alienation' refer to?

<p>The disconnection from one's own humanity (C)</p> Signup and view all the answers

How did global wealth distribution look in January 2019, according to the text?

<p>The top 26 richest people had the same wealth as the bottom 50% (A)</p> Signup and view all the answers

How does Marx describe the relationship between workers and capitalists in terms of labor-power?

<p>Workers sell their labor-power to capitalists (C)</p> Signup and view all the answers

What are some reasons for the global wealth gap mentioned in the text?

<p>Government cost-cutting measures (A)</p> Signup and view all the answers

What does 'surplus value' represent in Marx's theory?

<p>The profit made by capitalists from the labor of workers (B)</p> Signup and view all the answers

In Marx's theory, what is the term used to describe the replacement of secure full-time jobs with insecure part-time jobs?

<p>Precaritization (C)</p> Signup and view all the answers

Who are considered intermediate classes according to Marx?

<p>Small business owners and farmers (A)</p> Signup and view all the answers

What is one negative impact of precaritization on employees?

<p>Increased emotional labor (A)</p> Signup and view all the answers

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