Constituents of Capitalism

Lesson 2 – Discussion – Constituents of Capitalism

 Task to complete:

Watch the videos and discuss/post a response in your own words.

Hernando de Soto

http://www.pbs.org/wgbh/commandingheights/shared/video/qt/mini_p03_19_300.htmlLinks to an external site.

 For those having trouble with the website:

 Visit the following websites: 

a. https://www.youtube.com/watch?v=gfRTpoYpHfwLinks to an external site.   

b. Play from 1:28:18 to 1:35:18

 or

 c. http://www.pbs.org/wgbh/commandingheights/lo/story/tr_menu_03.htmlLinks to an external site. 

d. Go to chapter 19 and read the transcript.

 Note: The video and the transcript are the same.  

Background Context:

This assignment is based upon the Videos, Lecture and Chapter 2.

Question to Discuss:

Peruvian economist Hernando de Soto has been quoted as saying, “The constituents of capitalism are the poor.” 

Using the material from the lesson, viewing the video, and being sure you understand “constituents” (look it up), answer the question below: 

In your opinion – Does the video help you interpret de Soto’s quote? Do you agree or disagree with him? 

Expectations for grading:

Create a well-written ORIGINAL post of approximately 150 words.

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