Assignment:
we have read and analyzed the book titled "Good Capitalism and Bad Capitalism" by Baumol, Luan and Schoramm. In particular, we have analyzedchapters 1, 4, 6, and 8. Based on these readings please:
1. Explain all four types of capitalist systems making sure you explain what they all have in common and what differentiate them.
2. Explain or define what IS the "perfect type" of capitalism according to the authors of this book, and where "this perfect type of capitalism" is operating.
a. Please make sure you explain and/or define what are/is the main characteristic/s of this type of capitalism
b. What perils are ahead
c. What should be implemented or maintained in order to ensure this perfect type of capitalism is maintain for the years to come
3. Please explain what the main problem/s or impediment/s is/are for Capitalism to develop in less developed countries?
Also, we have read Chapter 2 by Anatole Kaletsky - Political economy and evolution. Based on this one reading, please explain what is the difference between a crisis IN capitalism and a crisis OF capitalism. Please make sure you not only explain the difference but also you the historical contest. Finally, do you agree with Anatole Kaletsky and his opinion?
Attachment:- Good Capitalism and Bad Capitalism.rar