Essay Outlines

As we discussed in class today...

LF is necessary to make the welfare state more productive.

Great wealth is generated and there are many benefits

Flawed assumptions

Economic

How wealth was created

Infallibility of markets

Environment/ Health and Safety

Market manipulations

Monopoly

Unions and the Labor market

Human nature is corrupt

Corruption/Greed


LF worked, but regulations are necessary to fill in the gaps

Great wealth produced

Massive decline in prices of goods

Higher Standard of Living for all

Problems get solved through democratic actions

Corruption

Health/Safety/ Pollution

Abuses of every kind are reigned in