Common Good, Private Purposes.

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Module 2, Lesson 2.0: Common Good, Private Purposes Introduction

{youtube}https://youtu.be/sYf8oMPkh7k{/youtube}   Associate Professor Paulo dos Santos introduces Module 2: Common Good, Private Purposes. This module has three lessons on the questions of economic coordination and social content in decentralised market economies. Lessons that discuss arguments about what can be called the good, the bad, or the ugly in the functioning of capitalist economies.

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Module 2, Lesson 2.1: The Good: Competition, Prices, & Entrepreneurship (Adam Smith)

{youtube}https://youtu.be/RD0tGGLWs7w{/youtube}   In this first lesson of Module 2, Associate Professor Paulo dos Santos discusses the good in capitalist economies by introducing two notable political economists who argued that markets, competition, and well-functioning price systems are the best ways for an industrial society to organise itself: Adam Smith and Friedrich Hayek. This video focuses on Adam Smith. By the end of this video (1/2), learners will be able to: Explain Adam...

LECTURE

Module 2, Lesson 2.1: The Good: Competition, Prices, & Entrepreneurship (Friedrich Hayek)

{youtube}https://youtu.be/D-U-pM0YwCY{/youtube}   In this first lesson of Module 2, Associate Professor Paulo dos Santos discusses the good in capitalist economies by introducing two notable political economists who argued that markets, competition, and well-functioning price systems are the best ways for an industrial society to organise itself: Adam Smith and Friedrich Hayek. This video focuses on Friedrich Hayek. By the end of this video (2/2), learners will be able to: Explain...

LECTURE

Module 2, Lesson 2.2: The Bad: Recessions, Sunspot and Investment Theories

{youtube}https://youtu.be/te6wlAQqwTE{/youtube}   In this second lesson of Module 2, Associate Professor Paulo dos Santos discusses the bad in the functioning of capitalist economies. He considers instability and crises in market functioning, and argues that a decentralised capitalist economy has persistent difficulties coordinating individual decisions in ways that sustain high measures of economic activity, incomes, and employment. By the end of this video (1/5), learners will be able...

LECTURE

Module 2, Lesson 2.2: The Bad: Production Disruptions

{youtube}https://youtu.be/mLFfYUPqw_A{/youtube}   In this second lesson of Module 2, Associate Professor Paulo dos Santos discusses the bad in the functioning of capitalist economies. He considers instability and crises in market functioning, and argues that a decentralised capitalist economy has persistent difficulties coordinating individual decisions in ways that sustain high measures of economic activity, incomes, and employment. By the end of this video (2/5), learners will be able...

LECTURE

Module 2, Lesson 2.2: The Bad: Aggregate Demand, Liquidity, and Financial Behavior

{youtube}https://youtu.be/Tza5SP7O0cs{/youtube}   In this second lesson of Module 2, Associate Professor Paulo dos Santos discusses the bad in the functioning of capitalist economies. He considers instability and crises in market functioning, and argues that a decentralised capitalist economy has persistent difficulties coordinating individual decisions in ways that sustain high measures of economic activity, incomes, and employment. By the end of this video (3/5), learners will be able...

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Module 2, Lesson 2.2: The Bad: Destabilizing Financial Behavior and Markets

{youtube}https://youtu.be/GOZS50KdeBQ{/youtube}   In this second lesson of Module 2, Associate Professor Paulo dos Santos discusses the bad in the functioning of capitalist economies. He considers instability and crises in market functioning, and argues that a decentralised capitalist economy has persistent difficulties coordinating individual decisions in ways that sustain high measures of economic activity, incomes, and employment. By the end of this video (4/5), learners will be able...

LECTURE

Module 2, Lesson 2.2: The Bad: What to Do About This

{youtube}https://youtu.be/KQNogiYEoYA{/youtube}   In this second lesson of Module 2, Associate Professor Paulo dos Santos discusses the bad in the functioning of capitalist economies. He considers instability and crises in market functioning, and argues that a decentralised capitalist economy has persistent difficulties coordinating individual decisions in ways that sustain high measures of economic activity, incomes, and employment. By the end of this video (5/5), learners will be able...

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Module 2, Lesson 2.3: The Ugly: Motivation

{youtube}https://youtu.be/08j19cD8uU0{/youtube}   In this third lesson of Module 2, Associate Professor Paulo dos Santos draws on a large number of contributions to consider a vital question about the social content of capitalist economies: In what ways do those economies rely on extractions from certain social groups and on individual appropriations from our collective or common resources? In other words, to what extent do profits depend on simply taking things from people and from the...

LECTURE

Module 2, Lesson 2.3: The Ugly: Profits and Ownership

{youtube}https://youtu.be/DTpx0YkdOgI{/youtube}     In this third lesson of Module 2, Associate Professor Paulo dos Santos draws on a large number of contributions to consider a vital question about the social content of capitalist economies: In what ways do those economies rely on extractions from certain social groups and on individual appropriations from our collective or common resources? In other words, to what extent do profits depend on simply taking things from people and...

LECTURE

Module 2, Lesson 2.3: The Ugly: Unpaid, Unrecognized, and Unmeasured

{youtube}https://youtu.be/CYG0pibjOzA{/youtube}     In this third lesson of Module 2, Associate Professor Paulo dos Santos draws on a large number of contributions to consider a vital question about the social content of capitalist economies: In what ways do those economies rely on extractions from certain social groups and on individual appropriations from our collective or common resources? In other words, to what extent do profits depend on simply taking things from people and...

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Module 2, Lesson 2.3: The Ugly: Precarious Lives, Precarious Jobs

{youtube}https://youtu.be/gsJkRsJsIcY{/youtube}     In this third lesson of Module 2, Associate Professor Paulo dos Santos draws on a large number of contributions to consider a vital question about the social content of capitalist economies: In what ways do those economies rely on extractions from certain social groups and on individual appropriations from our collective or common resources? In other words, to what extent do profits depend on simply taking things from people and...

LECTURE

Module 2, Lesson 2.3: The Ugly: Common Wealth, Private Appropriations

{youtube}https://youtu.be/TEhT6UzjXI0{/youtube}     In this third lesson of Module 2, Associate Professor Paulo dos Santos draws on a large number of contributions to consider a vital question about the social content of capitalist economies: In what ways do those economies rely on extractions from certain social groups and on individual appropriations from our collective or common resources? In other words, to what extent do profits depend on simply taking things from people and...