You should definitely go with what’s written in your photo!
Marx emphasized the group identification and associations, that influence an individual's place in society.
Karl Marx is regarded as a revolutionary, an activist who influenced the foundation of many communist regimes in the twentieth century. He was a German philosopher, critic, historian, economist, socialist, and much more.
Marx laid the foundation of Marxism, a theory that unifies social, political, and economic theories. It deals with the struggle between the capitalists and the working class. It demonstrates the detrimental effects of capitalism on labor, productivity, and economic upliftment. It urges a worker revolution against capitalism to improve the workers' lot.
Group identification and association mean individuals' collective awareness of the social distinction of their group. It acts as a protective measure and influences an individual's space in society. It has got many implications on the individual level and has been linked to increased self-esteem and life satisfaction.
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Oversee financial markets and conduct monetary policy
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The specific powers granted to congress in article I, Section 8 of the US constitution are called the the expressed powers. These powers are those that were written specifically in the constitution. Also called enumerated powers or delegated powers. The framers of the constitution had laid specific powers for each branch to have a clear communication between them. In article I, it addresses one of the branches of the government which is the legislative branch. In section 8, the first expressed power regarding taxation is can be found. It says that the Congress has the power or the right to impose and collect taxes, imposts and excises, and duties.