Question: QUESTION 1 a Discuss: Classical economists believed that self-interested behavior was human nature. Socialists believed in the perfectibility of people, and the ability to nurture

QUESTION 1 a Discuss: Classical economists believed that self-interested behavior was

human nature. Socialists believed in the perfectibility of people, and the ability

QUESTION 1 a Discuss: Classical economists believed that self-interested behavior was human nature. Socialists believed in the perfectibility of people, and the ability to nurture people to look beyond their own self interest. Who is right, and what are the implications for how a successful economy might be organized? b) Discuss: An economy must first experience a capitalist phase if it is to successfully transition to Marxian socialism and communism

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