Wednesday, August 20, 2014

Is Capitalism a Good Idea?


Write a 2-3-page paper answering the question, “Is capitalism a good idea?” 
Requirements:
            Times New Roman, 12 pt font, Double Spaced,
Formatted correctly (See lecture notes)
Must use evidence from several sources to support argument
Must cite sources used (in text and in Works Cited page)

Typed Draft due Tuesday 



This is an excerpt from a documentary titled “Life and Debt”.  Here are some things to remember when you are watching the clip. 
Does free trade benefit developing countries?
Who does free trade benefit?

Youtube clip

This website, “Economy Watch” has a description of the advantages of market economies.  It describes a “socialist” economy which is not exactly the correct term for a type of economic system.  However what it describes is a command economy.



This guy is kind of wacky but in about 14 minutes he describes the philosophies and histories behind why some countries have the economic systems that they have. 
https://www.youtube.com/watch?v=B3u4EFTwprM
The following website/page is from Columbia University.  It describes the different theories of capitalism.



Article on why capitalism works and socialism doesn’t



Great article by Richard Branson on why markets make us all rich and how to be a successful entrepreneur!


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