Read this article ” Capitalism Will Eat Democracy-Unless We Speak Up” by Yanis Varoufakis.2016. Commonlit.
1. Part A: Which of the following identifies the central idea of the text?
A. Democracy and capitalism cannot coexist due to the tendency for power to shift from the people to corporations.
B. The only way to achieve an authentic democracy is by keeping the political and economic spheres separate.
C. While the political and economic spheres are connected,a country must first succeed politically.
D. In order for democracy to persist in a country, democracy needs to be present in both the political sphere and the economic sphere.
2. Part B: Which section from the text best supports the answer to Part A?
A. ” Corporate power is increasing, political goods are devaluing,inequality is rising,aggregate demand is failing and CEOs of corporations are too scared to invest the cash of their corporations.”( Paragraph 17)
B. ” With this crisis migrating from one part of the world, as it is now, it will destabilize not only our democracies, but even the emerging world that is not that keen on liberal democracy.” (Paragraph 34)
C. ” It’s because we have confined,as I was saying in my talk, democracy to the political sphere,while leaving the one sphere where all the action is- the economic sphere- a completely democracy- free zone.” ( Paragraph 40)
D. ” When you try to keep alive an economic system that architecturally cannot survive,though political will and through authoritarianism, you may succeed in prolonging it, but when change happens it happens very abruptly and catastrophically.”( Paragraph 46)
3. Part A: What is the meaning of ” intransigent” in paragraph 1?
4.Part B: Which detail from paragraph 1 best supports the answer to Part A?
A. “we make a colossal mistake taking it for granted.”
B. “the most fragile of flowers that it really is”
C. “we see it as part of our society’s furniture”
D. ” capitalism begets,inevitably,democracy.”
5.Part A: What is the author’s main purpose in this text?
A. to discourage people from taking part in capitalism
B. to suggest a possible solution that will allow democracy to prosper.
C. to complain about the political and economic structure of Europe.
D. to scare readers with a rendition of the future if nothing changes.
6.Part B: Which quote from the text best supports the answer to Part A?
A.” If you think about it, it is a little bit like a population of predators, that are so successful in decimating the prey that they must feed on, that in the end they starve.” ( Paragraph 16)
B.” So we need to reconfigure,we need to reunite the economic and the political spheres, but we’d better do it by democratizing the reunified sphere, lest we end up with a surveillance-mad hyperautocracy”( Paragraph 23)
C. ” Will such a world dawn? Or shall we descend into a Matrix-like dystopia? The answer lies in the political choice that we shall be making collectively. It is our choice, and we’d better make it democratically.”(Paragraph 31)
D.” My greatest fear is that the Eurozone will not survive. Because if it doesn’t, the centrifugal forces that will be unleashed will be demonic,and they will destroy the European Union.”( Paragraph55)
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