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You hear the words “Socialism” and “Capitalism” thrown around a lot, but what do they really mean? And what are the pros and cons of each system? Join Professor James Otteson in this short online course as he looks at these concepts and explores the practical and philosophical issues behind them. Is Socialism a fairer system than Capitalism? Is it possible to implement a Socialist political system from a practical standpoint? Does Capitalism encourage widespread greed and exploitation?

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