A. Labour must be paid minimum wages irrespective of the quantum of goods produced and the profit be passed on to the state
B. The labourers be paid fixed salary and all the profits earned should be used for social good
C. There is difference between what a labourer produces and what he is paid. This difference is known as surplus value and is pocketed by the capitalists.
D.None of the above
Marx’s theory of surplus value holds that: Read More »
A.Labour
B.Land
C.Capital
D.Combination of all the above factors
According to Marx the value of a good is determined by: Read More »
A.Matter is more important than spirit
B.Spirit is more important than matter
C.Spirit and matter are equally important
D.None of the above
According to Marx: Read More »
A.Was a continuation of Hegel’s dialectic
B.Was a reversal of Hegel’s dialectic
C.Had no relationship with the dialectic
D.None of the above
The dialectic materialism of Marx: Read More »
A.History is the creation of materialistic forces
B.History is the creation of spiritual forces
C.History is the creation of religion and force events
D.History is created as result of clash of contrary material forces
Dialectical Materialism of Marx means: Read More »
A.Religion
B.Social status
C.Family status
D.Hostile interests
According to Marx the class distinctions in the society are based on: Read More »
A.Two classes
B.A number of classes arranged in hierarchical order
C.Only one class
D.Four classes
According of Marx the society broadly consists of: Read More »
A.Political equality
B.Social equality
C.Legal equality
D.Economic equality
Marxian Socialism lays emphasis on: Read More »
A.Common good
B.Good of the society as a whole
C.Promotion of the interests of the economically dominant classes
D.Promotion of the interests of the economically backward classes
The Marxists believe that the political power is generally used for Read More »
A.Promotes better living
B.Provides an incentive for hard work
C.Serves as an instrument of social good
D.Is an instrument of exploitation
The Marxian Socialists believed that private property Read More »
