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Title: history of economic thought

Essay Details

Subject: Business
Author: Stuart T
Date: June 8, 2016
Level: University
Grade: A
Length: 10 / 2956
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Certain concepts from the classical, Chicago, and Keynesian schools are treated, while these theories are juxtaposed to reality; including callous wealth distribution inherent to capitalism, environmental un-sustainability due to capitalism, imperialistic warfare at the highest stage of capitalism, and, central to the occurrences just stated, the necessity of an economic profit as condoned, authorized, and/or encouraged by each nation's government...

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Despite the truly innovative aspects of capitalism and the transformation of the social landscape due to technological advancements, our world has seen great horrors during this epoch. This paper will further refute the logic that the present economic system has allowed for the most efficient allocation of scarce resources and will call for the abolition of the pressing concerns of our day, such as military conflicts, mass poverty, workers oppression, and environmental ruin, will be actualized through a transformation of the role of government...

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