Describe the contribution to economic theory of karl marx


Discussion:

Answer each question in a clear, concise essay.

1. Discuss utilitarianism in light of cost-benefit analysis. Discuss major criticisms particularly as it relates to rights and justice

2. Discuss and provide examples of distributive justice, retributive justice, and compensatory justice.

3. Make the case for and against ethics in business (be specific.)

4. Describe the contribution to economic theory of :

a. Adam smith
b. Davis Ricardo
C. Karl Marx

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