Give 1-2 paragraph overview on attached PPT Q2)Please give 1-2 paragraph reply to the PPT(Please find attached example reply) Example: Presentation was quite interesting and pro

Presented by: Casey Nabb, Alexis Hagen,

Algburi Abdulazeez, Edward Troendle, and

Adrian Ichaka

“HOW I BECAME A CAPITALIST”

“WHAT’S THE PURPOSE OF A CORPORATION?”

FAMILY IS OF

INDIAN

DESCENT

OVERVIEW BRAHMINS –

HIGHEST CASTE

WITHIN HINDU

SOCIETY

CEO OF ROIVANT

SCIENCES

PHARMACEUTICAL

COMPANY

BELIEVE THAT

IMPROVING THE

ECONOMY WILL HELP

INCREASE PATRIOTISM

AMONG YOUNG

VOTERS.

YOUNGEST

PRESIDENTIAL

CANDIDATE IN

THE GOP

WANTED TO REVIVE

THE NATION’S

IDENTITY WITH

CAPITALISM AND

POLITICS

fusion of progressive ideals and

capitalism. Helps to sell

Americans a standard for the

right way to think and live. Ex. If

you are black you are

automatically disadvantaged and

if you are white you are privileged

UNDERSTANDING THE CHAPTERS

economic system that

allocates respect and

resources based on merit

rather than birth or other

factors (such as the caste

system that Indians are used

to)

Vivek fell in love with

capitalism after

spending childhood

in India

Thrives on individualism and picks apart institutions based on collective identity

Stakeholder capitalism promotes winners to have greater power while

pretending to be a milder form of capitalism LLCs responsible for economic boom

because limited liability is an incentive to take greater risks

Liberals think that corporations should owe the Government in return

Capitalism should be solely an Economic system rather than a social system

Limiting shareholder liability could enhance corporate accountability

In the name of diversity we have sacrificed true diversity of thought

There should be a dichotomy of company policies that helps benefit society while also keeping true to the company’s purpose of pursuing its core mission

Central

Arguments

In

The

Chapters

REAL WORLD APPLICATIONS

Technology • Apple Inc.:

⚬ Ownership: Publicly traded company shareholders own portion

⚬ Profit: Revenue from hardware and services. Focus on premium pricing and innovation

⚬ Competition: Competes in smartphones, computes, wearables, and digital services

against Samsung, Google, and Microsoft, driving innovation.

⚬ Innovation: Known for groundbreaking products like iPhone, iPad, and MacBook,

emphasizing design and user experience.

Finance • JP Morgan Chase & Co:

⚬ Ownership: Publicly traded multinational investment bank and financial service

company.

⚬ Profit: Revenue from asset management, investment banking, commercial banking, and

other financial services. Emphasizes prudent risk management and diversified revenue

streams.

⚬ Competition: Compete in various financial sectors globally against Goldman Sachs,

Bank of America, and other financial institutions.

⚬ Innovation: Focuses on financial innovation, technology integration, and client service

to maintain a competitive edge in the dynamic financial service industry.

REAL WORLD APPLICATIONS Retail

• Walmart

⚬ Ownership: Publicly traded multinational retail corporation; ownership through shareholders.

⚬ Profit: Revenue primarily from retail sales of groceries, general merchandise, and digital services.

Focuses on offering low prices and convenience to attract customers.

⚬ Competition: Competes in the retail industry against Amazon, Target, and other brick and mortar

and online retailers.

⚬ Innovation: Emphasizes supply chain efficiency, technology integration, and customer experience

enhancements to remain competitive in the evolving retail landscape.

Healthcare • Johnson & Johns

⚬ Ownership: Publicly traded multinational corporation specializing in healthcare

products.

⚬ Profit: Revenue from pharmaceuticals, medical devices, and consumer health

products. Focuses on R&D, and marketing to drive sales.

⚬ Competition: Compete in pharmaceuticals, medical devices, and consumer health

products against Pfizer, Merck, and other healthcare companies.

⚬ Innovation: Known for its commitment to R&D, introducing new drugs, medical

devices, and consumer health products. Emphasizes product safety, quality, and

efficacy.

BROADER IMPLICATIONS

Consumers that show commitment to societal causes

may gain competitive advantage because they are

appealing to customers

So, they can impact political decisions and advocate

change and regulation

and influence on types of candidates that want to work

for the company

The more intertwined these become the more eroded

both become

Capitalism and Democracy should be kept separate so

both can continue strong

EVALUATING RAMASWAMY’S ARGUMENTS

01

02

03

04

Strength

Helps reader to understand legal concepts. He has legal expertise so can easily

break concepts down.

Clarity and Accessibility: Vivek’s ability to simplify legal concepts makes his

arguments accessible to a broader audience, including those without legal

background. This clarity enhances understanding and engagement.

Practical Application: Vivek’s legal expertise allows him to provide real-world

examples and scenarios, illustrating how legal concepts manifest in everyday

situations. This application can help readers grasp the relevance and

implications of legal principles.

Interdisciplinary Perspectives: Vivek’s blend of personal

experience, professional expertise, and legal knowledge offers an

interdisciplinary approach to the subject matter. This

interdisciplinary perspective enriches the discussion by

incorporating diverse insights and perspectives.

EVALUATING RAMASWAMY’S ARGUMENTS

01

02

03

04

Weaknesses

Subjective and Bias: Vivek’s arguments may be influenced by his personal

experiences and perspectives through the years, potentially leading to

subjective interpretations or biases.

Complexity Oversimplification: While Vivek aims to simplify legal concepts for

accessibility, there is a risk of oversimplifying subjects to the point of losing nuance

and accuracy. This could lead to misunderstandings or misinterpretations of the law.

Lack of Diverse Perspectives: While Vivek attempts to see both sides of the

issue, there may be a lack of diverse perspectives represented in his

arguments. This could result in a narrow or biased interpretation of the

subject matter. It may also lead into readers wanting more detailed analysis

and discussion.

Confirmation Bias: Vivek’s arguments may be influenced by

confirmation bias, where he selectively interprets evidence or

arguments that align with his pre-existing beliefs or experiences. This

could hinder the objectivity and impartiality of the analysis.

Capitalism should be kept separate

from politics and social issues

CONCLUDING THOUGHTS

Religion, democracy, social issues,

economies are strong because of their

unique specific importance in

everyday life.

CEOs need to understand that their

employees are generally socially

conscious people

Less regulation can make it easier for

companies to take meaningful action

to better their company, workplace,

and community.

FACILITATING DISCUSSION

● What are the disadvantages of capitalism? Are there

any?

● Is there anything that could be done to keep

democracy and capitalism separate?

● Are there any good examples that come to mind of

companies doing a good job at balancing the needs

of various stakeholders? (Ex. shareholders,

employees, customers, and the community)

● What steps can organizations take to promote DEI

(Diversity, Equity, and Inclusion) within their

workplace or culture?

Further Reading and

Resources

Woke Capitalism Against America – Vivek Ramaswamy. https://www.youtube.com/watc h?v=a5gwJ382dIw

Wolf, Martin. The Crisis of Democratic Capitalism. Penguin Press, 2023

How Capitalism DESTROYS Democracy – A Simple Explanation. https://www.youtube.com/watch?v=ejpD Tfvmb2s