Overview
QUESTION 1: We have read 3 chapters in "Capitalism" by Paul Bowles. Based on these 3 chapters please explain:
1. What are the main characteristics of capitalism? What has helped capitalism become the most resilient economic system? How is it that capitalism has evolved through time and countries. Why? (chapter 1) 2. In chapter 2, we analyzed the "positive side" of capitalism. We have review a number of authors (and their academic work) who have defended that capitalism is the best system because it is "neutral and free". Please refer to those authors to explain how their ideas and books support this positive view. 3. In chapter 3, we analyzed the "negative side" of capitalism. We have review a number of authors who have explained taht capitalism is “unjust and unstable.” Please refer to those authors to explain how their ideas and books support this negative view.
QUESTION 2: In Good and Bad Capitalism, the authors explain the importance of entrepreneurship. Please write an essay on explaining the concept of entrepreneurship REFERING ONLY TO THE CHAPTERS ANALYZED IN THIS BOOK (1, 2, 3) - Good and Bad Capitalism
QUESTION 3: The last book we have covered is Capitalism 4.0 by Anatole Kaletsky -chapter 2. Please elaborate an essay in which you explain (read chapter 2)
- Please explain what is the difference between an economic crisis and a financial crisis and how and why it affects capitalism
- Please explain what is the difference between a crisis in and crisis of capitalism
- Based on the authors and chapter 2: the Great Recession of 2008 rocked the foundation of the capitalist system.
- Please explain why they make such a claim and explain IF you believe that this financial crisis created a crisis In or OF capitalism
- What about the 2020 crisis. Do you think a new type of capitalism has evolved? Please explain