The Ideologies of Economic Equality

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According to the preface, who is the sole author of the book 'Capitalism'?

Louis Kelso (correct)
Alexander Hamilton
John Adams
The author of the preface

What is the main reason why political democracy cannot flourish under all economic conditions?

Lack of liberty and equality
Lack of economic freedom (correct)
Lack of citizenship
Lack of political ideals

According to John Adams and Alexander Hamilton, why should a man who is dependent on the arbitrary will of another man not be admitted to citizenship?

Because he lacks economic freedom
Because he lacks democracy
Because he lacks political liberty (correct)
Because he lacks subsistence

According to the text, what is the slogan and banner of the communists?

Classless society (D) Signup and view all the answers

What is a fatal flaw in the communist program, according to the text?

Lack of economic freedom (B) Signup and view all the answers

What is the charge made by opponents of the New Deal, according to the text?

Creeping socialism (B) Signup and view all the answers

According to the text, what is the purpose of Marx and Engels' ten-point program?

To socialize the economy (A) Signup and view all the answers

According to the text, what are the two things that the economic counterpart of political democracy must involve?

Economic liberty and economic equality (A) Signup and view all the answers

What does the author mean by economic equality?

Equality of opportunities (D) Signup and view all the answers

What was the author's understanding of 'capitalism' based on?

Injustices and inequities (D) Signup and view all the answers

What question does the author raise about nineteenth-century capitalism?

Whether it was intrinsic to capitalism (A) Signup and view all the answers

According to the text, what is the only real alternative to communism in the world-wide struggle for men's minds?

Partly socialized capitalism (D) Signup and view all the answers

What is the goal of the capitalist revolution, according to Mr. Kelso?

The good human life for all (A) Signup and view all the answers

What is the difference between a good living and living well, according to the text?

A good living is a plentiful subsistence (D) Signup and view all the answers

What does the second part of THE CAPITALIST MANIFESTO set forth?

A practical program for accomplishing the capitalist revolution (D) Signup and view all the answers

According to the text, what is the main difference between 'early stage capitalism' and 'latest stage capitalism'?

The socialization of the economy (D) Signup and view all the answers

According to the text, what does the author believe about the socialization of the economy?

It is incompatible with democracy (B) Signup and view all the answers

According to the text, what is the ultimate goal of the socialization of the economy?

To establish a completely socialized industrial economy (D) Signup and view all the answers

According to the text, what does the author believe about capitalism and democracy?

Capitalism can create a free and classless society (A) Signup and view all the answers