Reference no: EM13573269

It requires you to demonstrate first and foremost your in-depth, critical understanding of course material (Social Contract Theory, Justice and Economic Distribution, the Ethics of Economic Systems, and the Social Responsibility of Business). Utilise specific, relevant and clearly explained frameworks, concepts and theories with examples.

You are required to illustrate your discussion with examples from Inside Job, as appropriate. your answer should not be a statement of your own moral judgement merely.

Question:

"Why should a financial engineer be paid four times to 100 times more than a real engineer? A real engineer build[s] bridges. A financial engineer build[s] dreams. And, you know, when those dreams turn out to be nightmares, other people pay for it.

Andrew Sheng, in Inside Job.

Drawing on relevant theories and concepts from the second half of the course, and examples from Inside Job, critically discuss (a) moral reasons why it might be held ethically acceptable or objectionable for a "financial engineer" to be paid 100 times more than a "real engineer," nurse, or teacher and (b) moral limits on what people may acquire and how they earn money.

Word 1500 limit.

Guidelines for writing:

It has an introduction and a conclusion. Your essay should have a strong argument or thesis which is clearly stated, developed, supported and critically examined in a sustained manner throughout the essay. Paragraphs should be linked so that your principal argument flows and reaches its logical conclusion. Structure is not determined by repetition of facts but by careful articulation and unfolding of central ideas, arguments and examples.