FOLEY

1. Why did not Marx present detailed plans for a future socialist economy?

2. What are the positive aspects of capitalism, according to Marx?

3. What are the negative aspects of capitalism, according to Marx?

4. Summarize Marx’s critique of other views of socialism.

5. Summarize Marx’s conception of socialism.

MARX, CAPITAL, VOLUME 1, CHAPTER 32

1. What is the “historical tendency of capitalist production”?

2. How are “primitive accumulation” and the “centralization of capital” similar?
How are they different?

3. How does the process of the centralization of capital lead to the “expropriation of the
expropriators”?