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4. “Equality, justice, and a respect for rights are characteristics of the U.S. economic
system.” Would you agree or disagree with this statement? Why?
2. Contrast the views of Locke, Marx, Smith, Keynes, and Spencer on the nature andproper functions of government and on its relationship to business. Which views
seem to you to provide the most adequate analysis of contemporary relations between
business and government? Explain your answer fully.
Explanation & Answer
Attached.
Running head: DISCUSSION QUESTIONS
Discussion Questions
Name
Institution
1
DISCUSSION QUESTIONS
2
Discussion Questions
Discussion 4
The statement “equality, justice and the respect for rights are a characteristic of the
American economic system” is misleading. The current state of the American economy
represents a stark contrast. The fundamental concepts of democracy, as well as its values, are
significantly undermined. For instance, inequalities in income and wealth are some of the
defining features of the current economy (Dorn, 2014). Furthermore, the American economy
is a capitalist system in which the only people that stand to benefit are large corporations and
the people who are already wealthy. In this regard, those who are already rich continue to
become ...
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