Debates over capitalism have historically sought to draw out differences between market-led capitalism and socialism, and more recently between forms of capitalism. Is there an optimal form of capitalism, or is there some combination of forms that is better-suited for today’s rapid-paced global business environment?
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The business and economic environment has grown more complex in many ways, and recent market turmoil has led to greater intervention by government in an effort to regulate industry and reduce inequality in society. What should be the boundary between the freedom of individuals or companies to act and the public good? What are the boundaries of government and the market?
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Key decisions about government intervention in markets are made through the political process. Are there other bases to frame the critical questions than through the political process, such as the underlying philosophies of human behavior, or the purpose of government? What philosophical traditions of ethics and of law can be drawn upon to make critical judgments?
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