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Explain clearly.. Question 8 1 pts According to Veblen, capitalism depends on the dominance of the predatory instinct and capitalists rely on the following means

Explain clearly..

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Question 8 1 pts According to Veblen, capitalism depends on the dominance of the predatory instinct and capitalists rely on the following means of cultural discipline and social control: O Production of more and more commodities. The separation of powers (the exectuive, legislature, and judiciary). Patriotism, nationalism, militarism, Imperalism and emulative consumption. O Strong government controls and the use of force Question 9 2 pts There were no similarities between the analysis of capitalism by Marx and that of Veblen, O True O FalseQuestion 5 The notion of individuals creating institutions (upward causation) and being impacted by institutions (downward causation) is also recognised by mainstream economics and the New Institutional Economics. O True Question 6 Thorstein Veblen was unconventional academically and socially. He wanted to; O Expose the immorality of capitalism. O Do the same analysis of Marx. O Know what makes us tick and be a disturber of the intellectual peace'. Question 7 Veblen considered that the function of neoclassical economics was; O To explain the workings of capitalism O To obscure the fundamental antagonism of capitalism - the conflict between owners and workers. To extend Marx's analysis of capitalism O To promote an active role for government to improve human welfare

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