Prompt:
One of your reading assignments is selected pages from the “Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else” by Hernando de Soto. Considering this reading and other Module #4 content:
Do you think moving from an extralegal economy characterized by “dead capital” to a legal economy with “live capital” has the potential to increase trade and reduce poverty?
If yes, why and what is required to make such a change successful? If no, why and what will prevent such a change from being successful?
Please include a stakeholder in your discussion.
Position Statements – Format
The Position Statement should be approximately 400 words, single-spaced. Font size, margins, and number of pages are unrestricted due to the 500-word limit.
The following information must appear at the top of the page:
* Your name
* Module name
* Number of words
Guidance for answering Position Statement:
* Have you answered the question(s) asked by the prompt and included any other components of the prompt in answering this/these question(s)? A well written response will clearly state a position very early, if not at the beginning of your paper. Do not make the reader have to look for your position. Taking a position means one position – not both sides.
* Have you supported your position? Good support for your position should be clearly and logically written. It should include specific references to class material and/or discussions. The reader should be able to tell that your response reflects that you have been in this class (not an answer that could have been written before you took this class).
* What is the quality of your writing? Organized, spelling, grammar….. Do you need someone to review it for you? Do you need to go to the writing center? Since you are limited to 400 words, have you used your available words to support your position and fully answer the question? This is an exercise in preparing a concise response.
* Have you followed all the instructions? Name, module name, word count, file name, single-spacing, etc.
* In summaryCreate a well written response that states your position, uses most of your available words to provide support for your position, and includes at least one meaningful trade-off related to your position.
READINGS:
Day #2:
Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations – selected passages
Karl Marx and Frederick Engels, The Manifesto of the Communist Party, pp. 14-22. Download Karl Marx and Frederick Engels, The Manifesto of the Communist Party, pp. 14-22.
Tupy, M. (2016, March 1). Bernie is not a socialist and American is not capitalist. The Atlantic
Day #3:
Gantz, D. A. (2016). Introduction to U.S. free trade agreements. British Journal of American Legal Studies 5(2), 299-314. Read only pp 300-306
Read, L.E. I, Pencil. Originally published in The Freeman in 1958.
Jonathan Haidt: Three Stories About Capitalism (2014 WORLD.MINDS) [Video file]
Day #4:
de Soto, H. (2000). The Mystery of Capital Download de Soto, H. (2000). The Mystery of Capital selected pages
Kelley, P. and M. Graglia. (2017, March 10). Why property rights matter. New America Foundation
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