Ethics of Capitalism. 4

Catalog description

Explores the historical business, economic, political and ethical foundations of capitalism, considered by some to be the ?engine? for prosperity. Capitalism is both an economic and social system, in which the individual and the government assume specific responsibilities and roles. In ?pure? capitalism, production and distribution are private operations; individuals exchange goods and services through markets; and they do so in order to achieve profits. Capitalism raises ethical questions about wealth and poverty, globalization, allocation of resources, utility, freedom, equality, fairness, individualism and social justice. This course provides an interdisciplinary overview of capitalism as a system and presents opportunities for students to think critically about related ethical issues.