THE COMMUNIST MANIFESTO & CAPITALISM

THE COMMUNIST MANIFESTO & CAPITALISMPaper details:
video link : https://www.youtube.com/watch?v=OcA1v2n7WW4TE 4 THE COMMUNIST MANIFESTO & CAPITALISMAfter viewing Richard Wolff on US Wages, American Exceptionalism, Consumerism, and Capitalism on YouTube (C{losed} C{aptioning} is available by clicking on it at the bottom right of the screen for those who also wish to read along) and reading The CMI Please define 7 of the following terms, then cut and paste in the paragraphs in The CM (with pg #) that describe or foretell this economic dynamic1. Industrialization2. Consumerism3. Managed Health Care, Jingle Writers, Commercial Artists4. Multinational Corporations5. Advertising Agencies6. Napster7. Farm Subsidies (paying farmers not to grow parts of their fields)8. Euro Disney9. Day Laborers, Piece Workers10. Assembly Lines11. Job Outsourcing12. Walmartization13. Trade Protectionism14. Voting against your own economic interestsII. Then answer the following 2 questions:1. What were the differences between the US ratio of Productivity to Wages from WWII until 1979 as compared to 1980 until today. What impact has this had on Income Equality in the US?2. To what factors does Wolff ascribe the astronomical growth in student debt over these last decades?