The topic of the essay I want to write is the first question。Below I will write some content related to the topic of this essay and my requirements, please read it carefully.
Recommended reference books:（There are at least two points in the essay that need to be applied to the knowledge points in the bibliography I provided, and the rest can be used in other bibliographies, but they must be academic.）
➢ Wright, R. 2004. A Short History of Progress. Anansi Press.
➢ Max-Neef, M. 1995. Economic growth and quality of life: a threshold hypothesis. Ecological Economics 15(2): 115-118
➢ McNally, D. (2011). “Chapter 5- Debt, Discipline, and Dispossession: Race, Class, and the Global Slump” in Global Slump (113-145). Fernwood Press.
Analysis of essay requirements:
1. Responding to the question of whether the current capitalism will eventually move towards the progress trap is a must-answer question and also to express one’s own position, so you can use your own understanding to respond to this question as your own thesis statement
2. Ask everyone to critically study the three progress traps mentioned by the author (but the professor did not give the corresponding reading). You need to understand by yourself to connect these three parts with capitalism
3. Be sure to mention the blindness to the progress trap caused by the ideology dominated by capitalism
4. On the surface, this question is a single topic of studying the trap of progress. In fact, it asks everyone to use their own understanding to explain the drawbacks of capitalism, and combine the examples of the progress trap mentioned by the author to show that capitalism is lead us to the trap. So be sure to combine the author’s content with the ideas of capitalism we have learned.
Features of capitalism:
David Mcnally’s opinion (choose 1-2 to elaborate)
1. Debt is a “weapon of dispossession” used nationally and globally, an economic asset released, new profit possibilities (debt, student debt, mortgage debt, foreign debt)
2. Neoliberal, Capitalist Work Ethics: Time Management, Obedience, Diligence and Financial Responsibility
3. Alienation: “capitalism does its best to alienate the workers from one another, to keep them divided and fragmented so as to inhibit their ability to act in unified, collective ways” (p. 114)
4. “Given its constitution in and through colonialism, slavery and the extermination of indigenous peoples, capitalist class formation has been inseparable from the social organization of race and racism” (p. 120)
5. Dispossession of the Global South