Module 6: Religious and spiritual approaches to human happiness
  Lecture 18: Economics in Our Times, Trends in Organization of Capital, and the Destiny
 

QUESTIONS AND EXERCISE

  • What does the study of economics reveal for human happiness?

  • What is the difference between capitalism and disorganized capitalism?

  • Is it possible to look back to socialism as the model of perfect order?

  • Read a few chapters of Ulrich Beck’s Risk Society and discuss what his meaning of risk is. Does the theory of risk society mean that the idea of perfect world is a myth?

  • What is intellectuals’ responsibility in the contemporary society? Can it make the system better?

  • How important is the concept of society to analyze the present day social situation?

  • Identify a few things that the informal sector workers want from their work?

  • What is the present day substitute of economic incentive?

  • What kind of political solutions are possible to crisis created by risk society?

  • Distinguish between equality of opportunity and equality of outcome.