Discuss the thought of Jeremy Bentham. To what extent do Bentham’s ideas underly modern economic theory?
The final is not a research paper. You may cite material from class or other sources, but this is not required. Any quotation should be brief.
1) Describe the transition from individualistic liberalism to democratic socialism in the late nineteenth century and early twentieth century. Describe the thought of Thomas Hill Green and Harold Laski.
Answer two of the three following questions:
2) Discuss John Stuart Mill’s thought on utilitarianism and socialism. How do Mill’s ideas on socialism follow from his ideas on utilitarianism?
3) Discuss the thought of Jeremy Bentham. To what extent do Bentham’s ideas underly modern economic theory?
4) Discuss the thought of Karl Marx. How is Marx’s thought similar to and different from other economic thinkers considered this quarter?