Difference between real progress and progress traps

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  1. What is the difference between real progress and 'progress traps' according to Wright? Why does he refer to civilization as a 'pyramid scheme'? What is the Victorian ideal of progress, and how might this have contributed to an ideology of progress that has helped to obscure the fact that our civilization is in the midst of 'the biggest progress trap in human history'?
  2. What is the difference between the 'social division of labour' and the 'detail division of labour', according to Braverman? What are the social consequences of the capitalist organization of production? What is the Babbage Principle and how does its application to the labour process result in the "degradation of work"? How can we use Rice's play to illustrate the effects Braverman describes?
  3. How does Nace define the origins and history of the modern corporation? How is it different from the 'classical' form? How does the 'legal personality' of the corporation help to protect investors (shareholders), as well its executives, managers and directors, from individual responsibility? How does Garett characterize the relationship between business and government? Does Garett's corporation have too much power?
  4. What political and economic tensions does 'the drive for capital' produce, according to Heilbroner? What examples of these tensions does Steinbeck's story provide? What is 'Keynesianism' and how was it supposed to deal with national and international dimensions of these tensions? What has the end of Keynesian policies meant for government's ability to deal with market failures and economic instabilities?

Reference no: EM132455064

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