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SS 30-1

Assignment 5.1: Unit 5 Worksheet 

Lecture 5.1:  Where are We Going?  

Lecture 5.2: What is Economic Classical Liberalism?

Argument: Because the invisible hand of the market indirectly benefits the collective, there is no need for government regulation or involvement in the economy. 

Enrichment Activity: Assignment 5.2: Public vs. Private Enterprise Critique

public or private ownership (1) (5) (1).docx
public vs. private critiques.pdf
Anna Quast - Assignment 5.12: Stump Speech

Argument: The evolution and growth of capitalism has allowed freedom and liberty to reach its full potential. 

Lecture 5.3: The Four Stages of Civilization  

Argument: The inevitable class struggle and exploitation of capitalism will ultimately be replaced by a collectivist, worker's paradise, as the proletariat revolt and replace the bourgeoisie. 

Assignment 5.3: How Has Economic Liberalism Evolved Over Time?

Sadler Committee Report (1832) 

SOCIALISM REVIEW / 3 TYPES 

Argument: Of the three types of socialism, Democratic Socialism is the most pragmatic. 


Argument: Private property and unfettered competition needs to be replaced by a more cooperative system of economics. 

Adam Smith was right in claiming that the pursuit of self-interest ultimately benefits the collective interest; but Karl Marx was right when he pointed out that wealth is not distributed to everyone equally at the same time, and that alienation arises as a result. 

John Lewis Gaddis from The Age of Terror

Argument: Democratic socialism provides a more just and equitable economic system, leading to more happiness and contentment. 

Assignment 5.4: Democratic Socialism FINLAND Case Study 

OR

Assignment 5.4: Democratic Socialism DENMARK Case Study

Democratic Socialism in Canada (1).docx

Argument: Socialism creates a culture of dependency, rewarding unmotivated individuals to take advantage of hardworking people. 

Roger Tullgren Says His Heavy Metal Addiction Gets Him Disability Payments

Abuses of Socialism??!!

http://www.huffingtonpost.com/2012/12/21/roger-tullgren-disability-payments-heavy-metal_n_2347153.html

This goes with the section on PROGRESSIVISM ON ASSIGNMENT 5.3

WATCH | Why is Alberta looking to mine the Rockies for more coal? Here's a 4-minute explanation 

CANADA’S WELFARE STATE DE BRIEF 

Argument: Limits, provided through government regulation and intervention, are necessary and integral to a stable and functional future. 

Enrichment Activity: Lecture  5.5 : HUBRIS AND LIMITS


faustian-1 (1).doc

Add/focus/stress/discuss  phrases "voluntary restraint" and "moral persuasion"... from pages 334-335 of The Rebel Sell by Joseph Heath and Andrew Potter here. 

Argument: Modern liberalism is a necessary and appropriate response to classical liberalism's inability to increase the quality of life for all people. 

Assignment 5.5: Road to Modern Liberalism  

Assignment 5.5: CHART 

Argument: Because the market was unable to correct itself, Franklin Delano Roosevelt's  activist and interventionist response to the Great Depression was justified. 

Lecture 5.4 : The Great Depression 

Argument: Because the market was unable to correct itself, the Canadian government's activist and interventionist response to the Great Depression was justified. 

BUYING ON MARGIN

https://www.awesomestories.com/asset/view/Stock-Market-Crash-of-1929-Buying-on-Margin

William Lyon Mackenzie King and the Inhumanity of Capitalism

http://www.canadahistoryproject.ca/1930s/1930s-02-mac-king.html

Argument: The policies and reforms of the New Deal were justified and appropriate. 

Argument: Due to volatility of the free market, governments must "steer" markets toward equilibrium. 

OR 

Because the business cycle is self-correcting and self regulating, the free market must be free of government regulation and involvement. 

Lecture 5.5: Keynes vs. Hayek  

NOTES/REVIEW

Assignment 5.6: NEO- CON CHART 


There have been as many as 47 recessions in the United States dating back to the 1777.
https://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States 

Argument: Tax cuts implemented by neo-liberals such as Ronald Reagan have skewed societies perceptions of taxes and government involvement in the economy. 

SNL skit on Margaret Thatcher

Saturday Night Live: History Of Punk  Vimeo. 

Lecture 5.6: Pace of Reform 

Argument: Taxes are the price society pays for civilization. 

Argument: Tax is theft and legal plunder, and is never justified. 

Assignment 5.7: Stump Speech  

Stump Speech Exemplar 

Assignment 5.8: Who is Responsible for the Great Recession? 

Argument: The deregulation of the banking industry caused the hubris and predatory lending that caused the Great Recession of 2008. 

Enrichment Activity: Assignment 5.9: They Live Meme

Create your own "They Live" meme. 

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