1.Discuss: Is Marx right that economic forces drive history and determine pretty much everything about the world? Is there anything that isn’t determined by market forces?
Watch: WealthInequality (Links to an external site.)
Read:See where you fall in terms of global income level (Links to an external site.)
Watch: BBC Documentary Masters of Money: Marx (Links to an external site.) (note that the narrator is a chief stategist for JP Morgan)
Read:Graphics depicting Inequality in the US (Links to an external site.)
2.Discuss: After doing the various exercises, most of you will find that you are in the top few percent of the world’s wealthiest people. Do you feel rich? If not, why not? How much would you need to really feel rich? How much would you need to make to feel wealthy? How much would you need to feel happy?
3.Discuss: Does capitalism create unjustified structural inequality? Is Marx more or less right about how capitalism works? Evaluate Marx and Engel’s Ten Point Program.Is this a more realistic simulation of competition within capitalism than the standard monopoly rules?What would make it more relatistic?Is this arrangement fair?How did it feel to be poor? How did it feel to be rich?What sorts of changes to the rules would make the game more fair if