Session 07: Systemic Thinking

Question 1

What is one big shortcoming of capitalism in your notes?

Answer 1

it’s far less effective at generating public goods (education, infrastructure, environment, financial stability).

Question 2

What are two main approaches to “advertisement”

Answer 2

prohibition and regulation.

Question 3

What is minimalism meant to encourage?

Answer 3

less consumption

Question 4

What mindset about value do you connect to minimalism?

Answer 4

the fewer we have the more value we hold to those things.

Question 5

What is something you say capitalism is “good” at?

Answer 5

good at identifying ppl’s talents

good balance btw risk and responsibility.

Question 6

What belief does capitalism make us believe about human nature?

Answer 6

that human nature is selfish

Question 7

minimalism vs capitalism?

Answer 7

anti-materialistic approach to capitalism

Question 8

Informative advertising:

Manipulative advertising:

Answer 8

gives information, but can also suggest “something essential is lacking,” creating a false reality about what you need.

promises to solve/give a necessity human feeling to the consumer (plays on emotions/voids to push you to buy).