“The Undemanding Ethics of Capitalism,”

Different economic systems provide dissimilar kinds of incentives for economic behavior. Most pre-

industrial organized economies relied heavily on enforced class hierarchies based on strength, conquest,

coercion and enforced obligations. Similarly, various utopian schemes (regardless of whether they are

based on fascism, communism or religious authority) that were supposed to be based on respect for

human dignity and equality,instead usually ended up relying on brute force when people did not act in the

way that the utopian planners wanted.
In this context, Niskanen, in his essay on “The Undemanding Ethics of Capitalism,” argues that through

free exchange, capitalistic economies tend to provide us with direct monetary rewards for activities that

benefit other people. As a result, according to Niskanen, capitalistic systems are less reliant than other

economic systems on the existence of benevolence,or general good will towards our fellow humans,for

overall decency and behavior that benefits everyone. Niskanen’s point is that, sincethese other systems

are less likely to provide direct rewards for simply providing others with the things that they want and

value, those systems are also less likely to see behavior specifically designed to provide others with such

things. Adam Smith famously put it thus: “It is not from the benevolence of the butcher, the brewer, or the

baker that we expect our dinner, but from their regard to their own interest.”
Others, for example Marx, Proudhon, Engels, and Polanyi, have argued that capitalism reduces some

human interactions to formal exchange and that in the process something of value has been lost.
In this context, your assignment is to write a short essay criticallyevaluating Niskanen’s arguments on this

issue.

Sample Solution

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Minimizing dishonesty in the workplace.

A number of moral psychologists and behavioral economists (for example Dan Ariely and Jonathan Haidt)

have argued that most people’s real-world ethical decision making is neither properly described by

mainstream moral philosophy (consequentialism, deontology, or virtue ethics) nor by the purely hedonic

approach suggested by Gary Becker’s simple model of rational crime (labeled SMORC by Ariely).
In this context, Dan Ariely has conducted wide-ranging research on how dishonesty and cheating take

place in the real world. In view of this research, write a short essay outlining and critically evaluating what

you see as the key practical applications of Ariely’s investigations into this issue. As part of your essay, in

the context of Ariely’s research, make sure that you outlinewhat you see as the most important steps that

businesses can take to minimize dishonesty in the workplace.

Sample Solution

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Female Genital Mutilation

What is female genital mutilation? Where is it practiced and by whom? How prevalent is this practice, and

what is its function? What is its impact on women’s health?
Within your essay, please mention if male bodies have been treated in similar ways. If so, in which

countries and centuries? If not, why not? Do you think things should change for society to evolve in a

positive way? How do you think things could possibly change in the future?

Sample Solution

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Marx’s conceptions of class consciousness and false consciousness

First, define Marx’s conceptions of class consciousness and false consciousness, and then write a about a
friend or acquaintance that you believe has developed class consciousness. Please explain why you

believe this person has developed class consciousness and how the class consciousness affects the

individual’s thinking and behaviors. (If you feel that you have developed class consciousness, you can

write about yourself rather than someone you know.) Afterwards, write about a friend/acquaintance that

you believe has developed a sense of false conscious. Then describe the type of false consciousness this

person uses to make sense of the world, and explain how this false consciousness affects the individual’s

thinking and behaviors.
Marx believed that the capitalistic economic system did not allow most people to realize species being.

First, define the concept of species being. Then think about your own life. Have the jobs you held allowed

you to attain species? Then think about your parents. Do the jobs they hold allow them to attain species

being or is the work they perform tedious and boring. How about your parents? Are they able to realize

species being?
Based on what you’ve written above, do you like not being able to attain species being leads to depression

or feelings of agony? Why or why not?
https://www.youtube.com/watch?v=dIuaW9YWqEU

Sample Solution

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