Why hasnt capitalism worked for all

1
Why hasnt capitalism worked for all?

• Hernando DeSoto
• Requires cultural and legal infrastructure
• Everyone has to play fair
• Truly open markets
• End protections
• End government subsidies

2
Globalization Good or Bad?

• Prosperity often follows when markets are opened
• Peace dividend
• Democracies dont fight one another
• But
• Uneven
• Painful transition
• We must be fair

3
Triumph of Liberalism

• Capitalism seems to be winning in much of the
  world, and with it, freedom
• Dual revolutions
• Freer, peaceful world due to interdependency
• But
• Freedom requires responsibility
• Capitalism as amoral
• Where does morality come from?

4

• Blessed is the nation whose God is the Lord. (Ps.
  3312)
• He has shown you what is good and what the Lord
  requires to do justly, love mercy, walk humbly
  with your God. (Micah 68)

5
REVIEW

• Who was the leader of Indian independence?
• What was his method?
• What was the result?
• What happened to East Pakistan?

6

• Who was the leader of Vietnams independence?
• In making the case for independence, he referred
  to what famous document?

7

• Who won the Chinese civil war?
• Why?
• What happened to the losers?
• What was Maos purpose in starting the Cultural
  Revolution?
• What did Deng Xiaoping do with China after Maos
  death?

8

• When did decolonization occur for Latin America?
• What is neo-colonialism?

9

• What was the driving force behind the Iranian
  Revolution of 1979?
• When and why was Israel created?
• What is unique about Turkey in the Muslim world?
• Which Asian state is predominantly Muslim?

10

• What was Gorbachevs original purpose?
• Why did the Soviet Union collapse?

11

• Why has the WTO become so controversial?

12
Essay

• Which region of the worldEast Asia, Africa,
  Latin America, Middle Easthas fared best and
  which has fared worst in the second half of the
  20th century? Explain why.
• Why did liberalism triumph over communism in the
  Cold War? How is that victory evident in the
  world today? Refer to historical events to make
  your case.

13
The A Essay

• has a central idea (thesis) that answers the
  question
• has a clear, logical organization with well
  developed major points that are supported with
  specific evidencereferences to historical events
  and people
• uses effective transitions between ideas
• uses appropriate words composing sophisticated
  sentences