19 Questions
According to the preface, who is the sole author of the book 'Capitalism'?
Louis Kelso
What is the main reason why political democracy cannot flourish under all economic conditions?
Lack of economic freedom
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 political liberty
According to the text, what is the slogan and banner of the communists?
Classless society
What is a fatal flaw in the communist program, according to the text?
Lack of economic freedom
What is the charge made by opponents of the New Deal, according to the text?
Creeping socialism
According to the text, what is the purpose of Marx and Engels' ten-point program?
To socialize the economy
According to the text, what are the two things that the economic counterpart of political democracy must involve?
Economic liberty and economic equality
What does the author mean by economic equality?
Equality of opportunities
What was the author's understanding of 'capitalism' based on?
Injustices and inequities
What question does the author raise about nineteenth-century capitalism?
Whether it was intrinsic to capitalism
According to the text, what is the only real alternative to communism in the world-wide struggle for men's minds?
Partly socialized capitalism
What is the goal of the capitalist revolution, according to Mr. Kelso?
The good human life for all
What is the difference between a good living and living well, according to the text?
A good living is a plentiful subsistence
What does the second part of THE CAPITALIST MANIFESTO set forth?
A practical program for accomplishing the capitalist revolution
According to the text, what is the main difference between 'early stage capitalism' and 'latest stage capitalism'?
The socialization of the economy
According to the text, what does the author believe about the socialization of the economy?
It is incompatible with democracy
According to the text, what is the ultimate goal of the socialization of the economy?
To establish a completely socialized industrial economy
According to the text, what does the author believe about capitalism and democracy?
Capitalism can create a free and classless society
Test your knowledge of economic ideologies and political slogans with this quiz! Explore the concept of a classless society and its association with communism. Discover the origins and implications of this slogan and its relevance to economic democracy.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
