In a succinct, clearly written, three-page double-spaced essay that uses multiple historical examples from not only Klein, and Fulcher but from other readings, lecture notes, answer the following question: Why has the capitalism/socialism debate been so divisive? (Compare and contrast pros and cons of capitalism and socialism) Use the 2008 financial crisis and the ensuing global recession as a starting point for a discussion of the historical and very contentious “consequences” of and responses to capitalism – arguably one of the most defining historical processes of the modern era. (Discuss “unintended consequences” vs “intended consequences”)
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