1. Provide a quick background of the historic phases of capitalism.
2. What are the key features of capitalism? Explain each one.
3. Addressing moral justifications for capitalism, defend:
a) The Natural Right to Property
b) Adam Smith's Invisible Hand
4. Addressing criticisms of under capitalism, articulate:
a) Inequality
b) Human nature and capitalism (economic creatures vs. moral creatures)
c) Capitalism breeds oligopolies
d) Competition is not a good.
e) Marx's "exploitation" and "alienation."
5. What are some ot today's economic challenges for capitalism?
6. Read "Buddhist Economics" (page 181-185) and answer questions 1-6
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ReplyDeleteabout the homework. I think that if you could maybe post the homework earlier, i mean at least 1 or 2 days before the due date, life would be much easier. I mean i know you probably have a lot of things to do, but it would be nice if you could consider this.
ReplyDeletethank you.
I ALSO THINK THAT IT MAY HELP IF YOU POST THE QUESTIONS AT LEAST ONE DAY BEFORE THE CLASS. THE QUESTIONS ARE VERY HELPFUL AND IT WOULD BE A VERY GOOD IDEA TO HAVE THEM BEFORE THE CLASS. THANK YOU
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