39. Marx argued that workers were exploited because p 109
a. the workers was separated from the means of production.
b. under capitalism the market, or cash nexus, was extended to all human relationship
involved in production and distribution.
c. the historical tendency of capitalist production is to create a reserve army of unemployed
workers.
d. the value of labor power is less than the value of what labor power produces.
e. all of the above.
40. The labor theory of value leads to the conclusion that p 109
a. profit emerges from the production process because the value of labor power is less than
the value of what labor power produces.
b. capital does not increase labor productivity.
c. a man who does not labor is of little use.
d. individuals do not value anything very highly unless they have to work for it.
e. none of the above.
41. Surplus value is created because p 109
a. capitalists buy one commodity and sell a different commodity.
b. the value of labor power is less than the value of the commodities it creates.
c. it takes only a part of the work day for a laborer to produce commodities with a value
d. laborers do not own the means of production and can live only by selling their labor
power to capitalists.
e. all of the above.
42.
events that ultimately resulted in a depression was p 112
a. the existence of labor unions.
b. the alienation of the laborer.
c. massive unemployment.
d. depletion of the reserve army of the unemployed.
e. the immeserization of the proletariat.
43. Marx believed that economic concentration would occur because p 113
a. in competition among capitalists the strong crush the weak.
b. changing technology requires larger and larger business firms.
c. businessmen would band together to counteract the power of consumer cooperatives and
labor unions.
d. a and b.
e. b and c.