Political Economy

1) What is the difference between Wolf’s argument about “rigged capitalism” , and Marx’s argument about capitalism? They both agree that there are problems in capitalism, are their views the same? Explain in your own words the differences between Wolf and Marx (as explained by Mandel). 1 page

2) Do you see any relevance to the COVID-19 pandemic in the material covered so far? Relate the readings to some aspect of the pandemic. Some possibilities of thing to talk about include: unemployment, struggling businesses, Trump’s financial aid checks, the causes of the pandemic, and anything else you can think of. There is no right answer. The question just asks you to think about the situation the world is in right now and link it to some aspect of Political Economy discussed in the readings so far. 1 page

For more information on Political Economy read this: https://en.wikipedia.org/wiki/Political_economy

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