1. Should corporations have Social Responsibility? Argue both Yes and No. Consider the views of Milton Friedman, William Shaw, and the concept of the "Invisible Hand. How does Shareholder and Stakeholder theory fit into the discussion? (20 per cent) 2. The issue of whether Capitalism is effective and ethical OR imbalanced and unethical is controversial. Some say it economically effective (benefitting the entire economy because the wealthy are job creators' while others say it is unfair and inefficient (benefitting only the wealthiest). How would the following figures describe Capitalism in practice: 1. Free Market Capitalism characterized by the view of Milton Friedman. 2. Libertarianism, as expressed in the view of Robert Nozick. 3. Theory of Justice, as expressed in the view of John Rawls. 4. The movie "Inequality for All. 5. The NYT article by David Brooks. (30 per cent) 3. Is Adam Smith's concept of the Invisible Hand" applicable to present day capitalism? (20 per cent) 4. What do the following terms mean: 1. Absolutist ethics 2. Relativist ethics 3. When in Rome do as the Romans do" 4. Race to the bottom 65 Should you throw the fat man off the bridge? What ethical theory determines your answer? (30 per cent)