DOES CAPITALISM HAVE MORALS?


Economist Russell Roberts and author Benjamin Barber debate whether capitalism is an ethical economic system.
DATE: 03/02/2012

Discussion Questions

1. What is capitalism?

2. Why do you think some people think capitalism is a "sick" or "twisted" system? Do you agree or disagree with this? Why?

3. Do you believe everyone in our society has a fair shot to succeed? Does the socio-economic group people are born into determine their future success? Defend your answer. Take into account the percentages Stossel showed about kids born to low income families compared to kids born to high income familes. How does this apply to your answer?

4. What are the benefits and/or drawbacks of letting people fail if that is the natural consequence of their mistakes? Explain how this relates to the recent bank bailouts.


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