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Course Info

  • Course Number / Code:
  • 14.72 (Fall 2006) 
  • Course Title:
  • Capitalism and Its Critics 
  • Course Level:
  • Undergraduate 
  • Offered by :
  • Massachusetts Institute of Technology (MIT)
    Massachusetts, United States  
  • Department:
  • Economics 
  • Course Instructor(s):
  • Prof. Michael Piore 
  • Course Introduction:
  •  


  • 14.72 Capitalism and Its Critics



    Fall 2006




    Course Highlights


    This course features readings and student papers in assignments.


    Course Description


    This course examines the implications of economic theories for social and political organization in the context of the historical evolution of industrial societies. Among the authors whose theories will be discussed are Ayn Rand, Milton Friedman, Karl Marx, Max Weber, Joseph Schumpeter, and John Kenneth Galbraith. Emphasis will be placed on class discussion of specific texts. Students will be encouraged to ground their views in concrete textual and empirical material and to consider the implications of different arguments for the understanding of personal, political, and economic events today.
     

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