More cards in this set

Card 16

Front

Marxist term denoting ruling class of a capitalist society, owners of productive wealth (means of production)

Back

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Card 17

Front

Marxist term denoting a class that subsists through the sale of its labour power, not technically same as manual working class.

Back

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Card 18

Front

Seeks to abolish capitalism and replace it with a qualitatively different kind of society.

Back

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Card 19

Front

The extension of the state or public ownership over private assets or industries, either individual enterprises or the entire economy (collectivization)

Back

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Card 20

Front

socialism in which state controls and directs economic life acting in theory in the interests of the people.

Back

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Card 21

Front

An economy in which there is a mixture of publicly and privately owned industries.

Back

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