Why do Piketty and Saez believe that both Marx and Kuznets were wrong with respect to the development of inequality? If Piketty and Saez are correct that economic trends are not “acts of God,” what can be done to counter increasing levels of inequality? The main objectives of this assignment are to develop your skills at a) thinking through complex questions where there are no simple answers, and b) making a focused argument. There is rarely one ‘right’ answer to the question I ask. Rather, there are a range of defensible answers. Your job is to credibly defend whatever position you do take. And to do this in a concise manner.
Thus the criteria for the analytic memos are as follows:
(1) Do you make a clear and forceful argument?
(2) Is your argument supported by convincing evidence/examples? For example, if you are arguing that abolishing the division of labor would be unwise, do you tell us why you think that would be the case? Do you consider (and rule out) alternative arguments? For example, do you tell us why you think Marx’s argument does not hold water?
(3) Do you make correct and/or accurate assertions about the text?
(4) Is your writing lucid, elegant, and free from grammatical/ spelling errors?
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