Identify the global societal problem. Identify the global societal problem within the introductory paragraph and conclude with a thesis statement that states your proposed solution(s) to the problem. For guidance….
Future of Capitalism and hegemony
Future of Capitalism.
For this option of the final project you will make an original, research-based argument about one of the problems in a contemporary capitalist economy and one proposed method for addressing it. This is designed to give you a chance to dig deeper into a particular economic issue that you find interesting. You may choose any problem and solution you like. As a reminder:
Some of the problems we discussed in Part II of the course include: tax policy, executive pay, wealth inequality, corporate consolidation/monopoly, precarious work, the gig economy, digital surveillance, credit scoring, student debt, racial discrimination in lending, sub-prime lending, and financialization.
Future of Capitalism: Regulating Markets
some of the solutions we will discuss in Part III of the course include: reshaping markets, regulating markets, incorporating social values into markets, changing tax laws, offering a universal basic income, shortening the work week, moving to a post-growth model of capitalism, and giving economic value to the environment.
Part of what will make your paper original and interesting is the solution you choose to investigate. Any given problem can have several solutions, some more and some less radical. For instance, one solution to wealth inequality is to change the tax code, another solution is to offer an unconditional, universal basic income to all citizens. The first of these is a small tweak to the system, the second a radical reinvention. In your argument, you will want to justify your choice of solution, and tell me why it is most appropriate.
Future of Capitalism: Details
In addition to the material we have read on your topic for the course, you should find at least four more academic sources that address your chosen problem and solution. I can help point you in the direction of helpful books or articles; another good way to get started is to look through the references from relevant course readings.
Moreover, note that these need to be academic sources, i.e., peer-reviewed books or journal articles accessible through the LMU Library, its website, or another scholarly database. You may cite popular books or magazine articles in addition to these, but they will not count toward your required total.