Marxism
1) How is it possible to change society, for Marx, by using
the relationship between the economy on the one hand and the political
invirenment on the other What conclusion did Marx reach for the mid 19th
century and why were the components incompatible? According to Das Kapital
(1865) how is capitalist profit derived? What was the specific economics crisis
that Marx saw? What is the significane of the Labor Theory of Value?
2) Why was accumulated wealth more important in America than
in Europe? What was the starting point for Veblen, and why was this important?
According to Veblen, what was the real purpose of economic analysis? From his
book, The Theory of the Leisure Class, why was the leisure class important for
society, and how did it contrast with Marx’s view of class conflict? Explain
how, according to Veblen, the business people must resort to
“sabotage” in order to make profits
3)What is the essential problem concerning economics,
specifically regarding the analysis of economists prior to as opposed to after
Marx? Explain how Frederic Bastiat thought of the world as making no logical,
economic sense According to Henry George, what was the primary problem within
the economic system and what was his solution? Why was Savings the cause of the
economic problem for John Hobson, and how was this problem “solved
by imperialism? For Alfred Marshall, whay was time the cornerstone
of his analysis, even though it did not take into account any real events?