How do these three political viewpoints—radical left, liberal, and conservative—see different problems involving work and the workplace? Focus on the importance that each gives to the market and government in the economic life of our nation
What is an Ideal response?
Radical-Left View: The capitalist market system is the cause of most economic problems, including low wages, workplace hazards, and unemployment. By placing profits ahead of people, capitalism fails to meet the economic needs of the majority.
• Liberal View: The market system is productive but it does not ensure the welfare of all. Low wages, unemployment, and discrimination based on gender, race, and ethnicity are all problems in the U.S. workplace.
• Conservative View: The market system is highly productive and supports a high average living standard. Government regulation, however, reduces the productivity of the market. Therefore, government should regulate the economy as little as possible.
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