Professional Documents
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https://www.youtube.com/watch?v=TMmDebW_OBI
Karl Marx is regarded as one of the greatest thinkers of 19 th century. Marx believed that
capitalism had serious flaws.
He claimed that capitalists had the ideology that work is good, leisure is bad, embracing mass
production, depriving workers of _____________________________________ and exploiting
the working class.
He became involved in the _____________________________________ - a small group of
intellectuals wanting to abolish ____________________________and spread wealth equally.
He wanted a society where wealth is distributed evenly, property is
___________________________ and education is free.
After his death, his ideas flourished. Communism became a global movement, yet the
_____________________________________ of a fair and equal society failed to materialize.
Communism _____________________________________ its subjects, slaughtered them in tens
of millions.
Nowadays, capitalism is dominant. The _____________________________________ between
the rich and the poor is startling.
He predicted that capitalism leads to the rich getting richer and the poor staying poor;
capitalism would lead to _____________________________________ economics and
globalization.
However, he underestimated the ability of capitalism to make everybody richer and reform itself
by creating _____________________________________.
Although there is a lot to learn from Marx, his solution was bad. Yet it can’t be said that
capitalism, dominated by _____________________________________ and financial crisis has
triumphed.
KEY
1. Job satisfaction
2. Communist league
3. (The) class system
4. Owned publicly
5. Utopian ideal
6. Tyrannized and impoverished
Tyrannise: to treat someone cruelly, controlling everything that they do
7. Global disparity
Disparity: a lack of equality or similarity
8. Boom and bust
9. Welfare states
10. Immense inequality