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

Written By SCEPA

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 to:

  • Discuss arguments about ways governments may (or may note) be able to intervene to avert or manage the adverse effects of economic crises.

SCEPA
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Module 2, Lesson 2.2: The Bad: Destabilizing Financial Behavior and Markets
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Module 3, Lesson 3.0: Power at Work Introduction