Marxist IQ: ABC’s of political economy and historical materialism

BY:Communist Party USA| February 13, 2018
Marxist IQ: ABC’s of political economy and historical materialism


As the struggle against the Trump regime mounts, here are some points to ponder.

1. Marxists see the struggle between _________ as the main force of historical development.

(a) political parties

(b) social classes

(c) ideas

(d) empires

2. In the United States, presidential elections have  sometimes served to accelerate major domestic progressive transformations.  Which of the following elections did not serve to accelerate a progressive transformation in domestic policies?

(a) Abraham Lincoln’s victory in 1860

(b) Bill Clinton’s victory in 1992

(c) Franklin Roosevelt’s victory in 1932

(d) Lyndon Johnson’s victory in 1964

3. Capitalism suffers from crises of overproduction, where more goods are produced than can be sold at a profit. No matter how high the stock market goes and how much the economy grows, capitalists will never be able to give workers enough purchasing power to overcome these crises. Why?

(a) Capitalists are inherently greedy.

(b) Capitalists don’t want workers to waste their money.

(c) Capitalist profits come from reducing the cost of labor.

(d) Capitalists want to incentivize saving.

4. Marxists have contended that the easy availability of consumer credit (credit cards, installment plans, etc) strengthens the capitalist class because

(a) the capitalist class gets back in interest payments a portion of the wage it pays to workers.

(b) debt forces workers to live from paycheck to paycheck, increasing their insecurity and dependence on capitalists.

(c) credit fosters the illusion among workers that their standard of living makes them ‘middle class’.

(d) all of the above.

5. U.S. politicians  deny that the Peoples Republic of China is seeking to develop its own mode of socialism and  condemn China’s record on human rights and democracy. Historically, how have the U.S. government  and ruling class showed their respect for the human rights and self determination of the Chinese people?

(a) Denouncing imperialism and refusing to participate in the bloody suppression of the Boxer Rebellion of 1900.

(b) Refusing to sell  oil and war goods to the Japanese Empire after it launched a full scale invasion of China that would cost millions of  Chinese lives in 1937.

(c) Recognizing  the People’s Republic of China after its establishment in 1949, and not intervening  in the re-unification of China with Chinese Taiwan.

(d) None of the above.

Check your answers here.


    The Communist Party USA is a  revolutionary working-class  political party founded in 1919 in Chicago, IL. The Communist Party stands for the interests of the American working class and the American people. It stands for our interests in both the present and the future. Solidarity with workers of other countries is also part of our work. We work in coalition with the labor movement, the peace movement, the student movement, organizations fighting for equality and social justice, the environmental movement, immigrants rights groups and the health care for all campaign. But to win a better life for working families, we believe that we must go further. We believe that the American people can replace capitalism with a system that puts people before profit — socialism. We are rooted in our country's revolutionary history and its struggles for democracy. We call for "Bill of Rights" socialism, guaranteeing full individual freedoms.

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