UCLA Capitalism Discussion
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Essay Assignment 1
Prompt
Choose an intellectual who has a position on capitalism that you disagree with. Explain their
position and offer an argument against their position. You should find an article or series of
articles that lays out their viewpoint – a primary source is encouraged, but secondary sources
can work as well. You do not have to (and should not) argue against everything your chosen
intellectual has ever written, but rather narrow it down to one specific point that you can
effectively argue against in a short essay.
Requirements
1. Your chosen intellectual does not have to be an economist, but they should be an academic
– no politicians (journalists can be acceptable if they have a rigorous argument). You cannot
pick Keynes, Hayek, Mises, Marx, Lange, or Lerner and you cannot do Milton Friedman’s essay
“The Social Responsibility of Business is to Increase its Profits”
Some ideas (Definitely feel free to choose someone not on this list):
Ayn Rand
Ben Bernanke
Brad DeLong
Christine Lagarde
Edmund Phelps
Esther Duflo
Gary Becker
George Stigler
Glenn Loury
Ha-Joon Chang
Janet Yellen
Joan Robinson
Joseph Schumpeter
Joseph Stiglitz
Lisa D. Cook
Matthew Kahn
Milton Friedman
Murray Rothbard
Noam Chomsky
Paul Krugman
Richard D. Wolff
Robert Nozick
Robert Reich
Ronald Coase
Stephanie Kelton
Thomas Piketty
Thomas Sowell
Walter E. Williams
2. By the end of your first paragraph, you should have a clear statement of your thesis – what is
the idea you disagree with and why do you disagree with it.
3. In addition to sources related to your chosen intellectual, you must cite at least two other
sources (this can include citing data that supports your argument).
4. Paper should be at least 3 pages and no more than 4 (double spaced, 12 point font, 1 inch
margins). You cannot go over the 4 page limit.
30 points – Introduction paragraph clearly introduces the chosen intellectual and includes a
clear statement of your thesis that explains what the chosen intellectual’s argument is and why
you disagree with it. At the end of the introduction, I will ask myself if I think I have a pretty
good idea of what the essay will be arguing. If I can’t answer yes to that question, you will not
do well in this category.
45 points – Essay includes a full description of the chosen intellectual’s position. Essays
scoring high points in this category will demonstrate a strong understanding of the chosen
intellectual’s views and an ability to describe these views in their own words clearly and
concisely. Strong essays will also make an effort to give a fair reading to the thinker even
though they disagree with their point of view. Do not argue against a straw man.
60 points – Essay offers a clear argument against the view of the chosen intellectual. You do
not have to disagree with their position entirely, but you must point out the deficiencies you find
in their analysis. Strong essays will effectively synthesize at least 2 additional sources into their
analysis (without simply restating the arguments of other thinkers) as well as consider potential
counterarguments. Be sure that your argument relates back to the broader topic of capitalism.
15 points – Essay is logically organized and thoughtfully written. You will not be graded on
grammar or style, but the argument needs to make sense. Each paragraph should have a
consistent topic, and ideas should be connected in a logical way.
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Explanation & Answer:
3 PAHGES
Tags:
capitalism
Global Environments
intellectual
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