Description
Do not use outside sources. The purpose of this assignment is to extract the ideas and arguments from the assigned authors Signal to me that you have read the assigned work by citing the pages from which you drew your information. Simply use this notation: (Milanovic, p. x) Try to stay within the recommended word limit, but err on the side of writing more rather than less. REMEMBER.
The only way that I can discern whether you have understood the material is from what I read of your writing. Assignments lose 10 points for every 24 hour period that they are late. After 5 days, the assignment will marked as zero.
Donotuseoutsidesources.Thepurposeofthisassignmentistoextracttheideasand arguments from the assigned authors
Secondly, signal to me that you have read the assigned work by citing the pages from which you drew your information.
Simply use this notation: (Milanovic,p.x). The EC116 SP 2020 .
Thirdly, try to stay within the recommended word limit, but err on the side of writing or er ather than less. REMEMBER: the only way that I can discern whether you have understood the material is from what I read of your writing.
Fourthly, assignmentslose10pointsforevery24hourperiodthattheyarelate.After5days,the assignment will marked as zero. Instructions :Answer every question using the recommended word limit. Limit your total words to 1500 words (=6pages,doublespaced)
Firstly, define capitalism in general. In other words, what makes classical capitalism, social democratic capitalism, liberal meritocratic capitalism, and political capitalism all capitalist systems? What are the features that all of these variants of capitalism have in common? (150words). The EC116 SP 2020 .
Secondly,whatarethesalientdifferencesamongthe4typesofcapitalismthatMilanovicdiscusses? Compareandcontrasteach,beingverycarefultoexplainyourcriteriafordifferentiatingamong them.(Forexample,ifyouchoose“risingshareofcapitalincomeinnetproduct”or “intergenerationaltransmissionofwealth,”beverycarefultoexplaininyourownwordswhatthey mean).(250words)
Thirdly, whydoesMilanovicfocushisattentionsomuchontherisingshareofcapitalinGDP?
Firstly, whatdoesthetermmean?
Secondly, whyisitconsideredkeytounderstandinghowandwhycapitalismhasevolvedfrom20th centurysocialdemocraticcapitalismto21 stcenturymeritocratic?
Thirdly, howisarisingshareofcapitalandincreasedconcentrationofcapitalownershiptiedto theriseofincomeinequality?Explainthecauseandeffect.(150words).