Tuesday, June 4, 2024

Has capitalism evolved to aid more people or cause more inequality?

 Is capitalism a system that has become transformed as suggested by Professor Reich? Does capitalism merit the reverence it once did or has it become outdated? Prof. Reich suggests that meritocracy is no longer in place as it once was. What is your take on Prof. Reich's ideas? As he ends, he asks the question: Is the system fair? To complement this question also watch this Ted Talk video on whether or not capitalism will always have inequality at the core of the system. Respond with your position on this question, and please remember to back your thoughts with links and coursework content. Prof. Reich’s video can be found here .  When considering your position and defence watch both videos to help you shape your response. Please don't forget to add a link to a video that will aid in your defence of your paper.