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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 1 D 1

Week 1 D 1

Q • Consider free-market capitalism. Is it good? bad? Do you like it? What are its prospects in the U.S. over the next few decades? What are the alternatives? • Dimensions you might employ are: o distribution of wealth o distribution of opportunity o “fairness” o societal productivity o societal waste o environmental impact o any others you find relevant • Look for some resources, internet or not, that shed light on this issue. Share with the class references to those you found particularly useful, if any.

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Free market capitalism is that particular segment of economics that enables market with more power than the government. It is sometimes good because it is mostly free from the intervention of the government. Capitalism enables people to work to improve their financial status. Actually, the best part of this is no one is poor forever in this particular economic system. In case one person is working hard so he or she will have the possibility to be rich.