Foundations of Capitalist Political & Economic Thought

This course examines the ideas of the fore-runners of Capitalist thoughts and Libertarian ideas including Ludwig von Mises, Murray Rothbard, Robert Nozick and Friedrich von Hayek. It examines the history of capitalism as presented by Henry Clark and this goes back to the writings of Baron de Montesquieu. The course helps undergraduate and postgraduate students in the United States, Western Europe and around the world to understand the context within which business is conducted. It is a good introductory course for foreign students seeking to learn in western universities as well as people with entrepreneurial ambitions. This provides an insight into the nature of the creation and generation of wealth. It gives learners an insight into basic work ethics that built wealth in Eurocentric countries. These are ideas that lay the foundation for the creation and development of nations. Elite universities around the world teach this course as a precursor for the development of leaders. If you take this, you will gain the advantage of understanding how the top Ivy League universities prepare their students for greater outcomes and results. Any learner can use this to complement their knowledge and understanding of the world of business and macroenvironmental economic factors that affect business. Such competencies are useful in decision-making and analysis of strategic pointers in business decisions.