Deck 12: Global Processes, Local Systems

Question 1

For there to be markets, there must be which one of the following:

A) a society
B) people
C) commodities
D) communities
E) a state

Answer 1

E

Question 2

Market fundamentalists are economists who think:

A) the market is natural
B) markets were established in the U.S. Constitution
C) markets were ordained in the Old Testament
D) markets were founded in the New Testament
E) markets are mandated in the Koran

Answer 2

A

Question 3

The comparative study of fisheries showed that differences in fisheries were due to different:

A) species of fish each one caught
B) cultures
C) state policies
D) faiths
E) languages

Answer 3

C

Question 4

Canada and Norway share:

A) Fisheries management methods
B) welfare for corporations
C) markets for fish
D) welfare for fishers
E) markets for welfare

Question 5

Economists in the WTO, IMF, and World Bank have harmed the economy of the world because they:

A) are market fundamentalists
B) are economists
C) look after corporate interests
D) all of the above
E) none of the above

Question 6

One reason corporations wanted to bust unions starting in the 1960s was so that they would not have to increase:

A) efficiency
B) prices
C) profits
D) all of the above
E) none of the above

Question 7

The way workers can demand an increasing share of the surplus value they create is by:

A) being docile so management will give them more
B) relying on the generosity of management
C) never confronting management
D) organizing into unions to demand it
E) asking the government for help

Question 8

The United States government helped authoritarian governments control workers because:

A) it would keep labor cheap
B) it would suppress unions
C) it would help corporations
D) all of the above
E) none of the above

Question 9

As corporations borrow capital, the power in them shifts to:

A) management
B) workers
C) consumers
D) environmentalists
E) finance people

Question 10

Repressive policies:

A) make the world safer from terrorists
B) drive more people to join revitalization movements
C) help American armed forces
D) prevent domestic violence and riots
E) make dictators more popular with their own people

Question 11

When corporations borrow money, they have to pay interest and that:

A) makes them more efficient
B) forces better management practices
C) reduces profit
D) increases the value of their stock
E) increases CEO remuneration

Question 12

When you hear phrases like, "Reality is," and "Bottom line," you know you're probably talking to:

A) a money shaman
B) a reality based economist
C) a person of faith
D) a realist
E) a existentialist

Question 13

The corporations that own clothing brands actually own:

A) factories
B) patents to processes of production
C) raw materials
D) shipping lines
E) the brands

Question 14

When economic systems are inside corporations instead of countries, national economic policy becomes:

A) very important
B) impossible
C) internationalized
D) decentralized
E) centralized

Question 15

If the IMF has a structural adjustment program in a country, the government:

A) becomes centralized
B) becomes decentralized
C) has little influence on what happens
D) has to become democratic
E) becomes more militarized

Question 16

Scandinavian countries are different from the U.S. because they think:

A) the people should help themselves
B) the market should help the people
C) the IMF should help the people
D) the government should help the people
E) computers should help the people

Question 17

The idea that the government should help its people is called a:

A) social contract
B) social media
C) social security
D) socialist system
E) socialist realism

Question 18

In the U.S., Social Security is:

A) an investment program
B) a kind of bank account
C) a redistributive system
D) a pyramid scheme
E) a fraudulent system

Question 19

In the U.S. privatized social security would benefit:

A) everyone
B) retired people
C) working people
D) investment brokers
E) nobody at all

Question 20

The cost of government has increased because:

A) it has gotten too big
B) its functions have been privatized
C) it has gotten off the backs of the people
D) it has gotten on the backs of the people
E) none of the above

Question 21

In the U.S. people stopped talking about privatizing Social Security when:

A) the banks failed
B) the boomers started retiring
C) the socialists took over
D) the market took over
E) the stock market crashed

Question 22

The reason the idea of privatizing Social Security was raised in the U.S. was:

A) to try to further centralize wealth in the U.S.
B) to avoid a large government deficit
C) to bring more capital to the stock market
D) all of the above
E) none of the above

Question 23

A disarticulated economy is one in which:

A) there are no internal linkages
B) corporations integrate economic functions across national borders
C) where political processes are irrelevant
D) all of the above
E) none of the above

Question 24

The people who work the hardest get the greatest rewards.

Question 25

It's not necessary for citizens to make political judgments.

Question 26

When the Soviet Union collapsed, markets sprang up spontaneously.

Question 27

Canadian fishers are well organized into national unions.

Question 28

Norwegian fishers are well organized into national unions.

Question 29

In Canada, power in the fisheries is centralized.

Question 30

In Norway, power in the fisheries is centralized.

Question 31

Norway has a centralized government.

Question 32

Canada has a centralized government.

Question 33

There is nothing more real than money.

Question 34

Money is a cultural fiction.

Question 35

Substantive economies are about real things.

Question 36

Finance economies are about real things.

Question 37

Some people believe corporations should control things rather than the government.

Question 38

The market has punished financiers and economists who were wrong.

Question 39

After the economic problems became apparent, Republicans in the U.S. did everything they could to help the economy recover.

Question 40

The IMF is an international democratic institution.

Question 41

Economics is a religion.

Question 42

Market fundamentalists are pretty good at comparative economic studies.

Question 43

Sugar production in the Everglades of Florida is good for the environment.

Question 44

The railroads of the U.S. were built with private funds.

Question 45

Economists with PhDs couldn't screw up the whole world's economy.

Question 46

Financial leaders never take government handouts.

Question 47

The Chambers of Commerce are good sources for information on business and commerce.

Question 48

Walmart promotes union membership for its workers and all workers.

Question 49

South Carolina is a pro-union state in the U.S.

Question 50

Race is no longer an issue in South Carolina.

Question 51

The Confederate flag is an issue of heritage, not racism.

Question 52

Racism is about class.

Question 53

Mark Sanford, Republican governor of South Carolina, refused to increase unemployment benefits for his people in the midst of a recession.

Question 54

Mark Sanford, the married Republican governor of South Carolina, disappeared for six days for a fling with his Argentinean girlfriend.

Question 55

The social and natural environments of South Carolina have deteriorated because of the Chamber of Commerce's opposition to government regulation.

Question 56

There was a populist upheaval in Sweden because of the government's social contract with its people.

Question 57

In 2007 Hugo Chavez paid off all of Venezuela's debts to the World Bank, five years early.

Question 58

Hugo Chavez developed a social contract with the people of Venezuela similar to Sweden's.

Question 59

The spread of the market to incorporate the whole planet is natural and inevitable.

Question 60

The U.S. is using its power in the world today to insure that every person on the planet has one share of the planet.

Question 61

States that establish the rules of globalization serve the interests of corporations.

Question 62

If states serve the interests of corporations, they cannot serve the interests of their citizens.

Question 63

A majority of Americans usually vote for president.

Question 64

List three anthropologists mentioned in this chapter:

Question 65

List the three dimensions of the world that the comparative study of fisheries mentioned:

Question 66

List four consequences of the downward spiral:

Question 67

Discuss what's wrong with the idea that it's better for people in poor countries to have low paying jobs than no jobs at all.

Question 68

Discuss how anthropology helps people see things as they really are.

Question 69

Discuss the ethical basis anthropology provides us for making political judgments.

Question 70

Discuss why with the expansion of markets in globalization the state cannot wither away.

Question 71

Explain how subprime mortgages work and why they led to a financial collapse.

Question 72

Explain why, according to economist John Maynard Keynes, it does not work to stimulate the economy to cut taxes for rich people and why it does work to increase government spending.

Question 73

Explain the concept of hegemony in terms of news about the Employee Free Choice Act.

Question 74

Discuss the relationship of thought control in the contemporary U.S. and financial conditions.

Question 75

Discuss the evidence that the Confederate flag is an issue of racism and not heritage.

Question 76

Discuss the downward cycle that happens when corporations produce more than they can sell and explain some of the self intensifying loops involved in the process.

Question 77

Discuss how a government can become irrelevant to the economic processes of its own country.

Question 78

What was the point of the Nasrudin Hodja story about selling eggs for less than he paid for them?