The issue of whether capitalism is effective and ethical

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The issue of whether capitalism is effective and ethical or imbalanced and unethical is controversial. some say it is good for economic activity (benefiting the entire national economy because the wealthy are "job creators" while other say it is unfair and ineffecient (benefiting only the wealthiest).

how would the following figures characterize capitalism in practice:

1. free market capitalism characterized by the view of Milton Friedman

2. libertarianism, as expressed in the biew of Robert Nozick.

3. theory of justice, as expressed in the view of John Rawls

4. Robert Reich, the director of "inequality for all"

5. William Shaw, as expressed views of ethics

6. Charles Ferguson-the director of "inside job.

Reference no: EM131433387

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