Based on the required readings, show your comprehension of Jeremy Bentham’s and John Stewart Mill’s basic principles of Utilitarianism?
Based on the required readings, show your comprehension of the main ideas of Adam Smith with regard the free market, economic initiative and social justice?
Based on the required readings, show your comprehension of the main ideas of Karl Marx theory of scientific socialism and his criticism of capitalism?
Show you understanding of how Smith and Marx may have common values and hopes for humanity. Also, how do they dramatically diverge in perspective?
How might the best ideas of capitalism and socialism be merged?
How would you apply any of these ideas to a contemporary social issue?
