Choose one topic to write about …1. Please read the two articles by J. Kornai – Centralisation and the Capitalist Market Economy and Centralization and the Capitalist Market Economy in Hungary. How does Kornai’s perspective compare with Gregory & Stuart’s notion of self-correcting capitalism (Ch. 6)? You need to demonstrate conceptual understanding by presenting an argument or defending a rationale. Find and cite at least three (3) other scholarly sources written in the last five years that will add support to your argument or rationale. Use the combination of the specified sources and the outside scholarly resources that you located to synthesize a consensus or explain a difference of opinion between the authors. Once you are finished with the synthesis phase, you need to apply the concepts to a real world example. A substantive response will need to be at least 350 words. 2. How does socialism as envisioned by Marx & Lenin (Ch. 7) compare with the concept of Market socialism (Ch. 8)? You need to demonstrate conceptual understanding by presenting an argument or defending a rationale. Find 4 other scholarly sources written in the last five years that will add support to your argument or rationale. Use the combination of the specified sources and the outside scholarly resources that you located to synthesize a consensus or explain a difference of opinion between the authors. Once you are finished with the synthesis phase, you need to apply the concepts to a real world example. A substantive response will need to be at least 350 words.
