Using your own words, outline Keynes’ explanation of serious macro-economic instability in capitalism, in particular explain Keynes’ analysis of unstable private investment spending. Use as your main sources Sackrey et al (2016); Sheehan (2013) and Rojas (2012). (1500 words)
Using your own words, outline Galbraith’s view of corporate power and his theory of social balance in relation to the behaviour of giant firms. Use as your main sources Sackrey et al (2016) Stilwell (2012) and Sheehan (2018). (1500 words)
Using your own words, explain how the model of Swedish Social Democracy works, highlighting the pivotal role of de-commodification or wage solidarity. Use as your main sources Sackrey et al (2016), Berman (2005) and Becker (2007). (1500 words)
