Galbraith

Galbraith

The Philosophic arguments will consist of two sections. The first section is a summary of the position. The second section further explains at least 2 ideas you agree with or disagree with and at least two “reasons” why/why not for each idea. A “Reason” is an explained principle (personal, moral, political, etc.). Reviews are to be typed 12 font Times New Roman and be at least (this is the minimum) 1000 words, BUT will be graded on QUALITY of the work (see rubric below).Papers are due in class within 10 minutes of class start by class clock. No emailed assignments will be accepted. A grading rubric is provided below. Each position argument is worth 40 points

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Section 1
The economic power plays which will not only be exercised by the large firms but will also dominate the government and the public opinion is highly essential in determining why the economy will go into a decline or the vice versa. A summary of “The Economic Contributions of John Kenneth Galbraith” by Steven Pressman and Stephen Dunn highlights the views which entirely made Galbraith famous due to his economic views.

(1,529 words)