Question

Social Interests vs Self-Interests

H‌‍‍‌‌‍‌‌‌‌‌‍‍‍‌‌‌‌‍ow can we organize our economic lives so that when each one of us makes choices that are in our self-interest, it turns out that these choices also promote social interest? Does voluntary trading in free markets achieve social interest? Do we need government action to guide our choices to achieve social interest? Do we need cooperation and treaties to achieve global social interest? Put some flesh on these broad questions by utilizing the following global phenomena or developments

A.Globalization

B.The information-age economy C. Global warming D. Natural resources depletion D. Economic instability Instructions.

 ‌‍‍‌‌‍‌‌‌‌‌‍‍‍‌‌‌‌‍1. After you make your post to the discussion, make a thoughtful reply to two other post from your classmates. The strategy is to post early so others would have enough time to respond to your post. 

2. Please, read the discussions expectations and policies in your syllabus and remember this is a part of your final grade.

3. Write at least 460 words.

4. You must list your references

. 5 Topic will not be re-opened after due date.

 6. Please, make your research about the topic before you make your post‌‍‍‌‌‍‌‌‌‌‌‍‍‍‌‌‌‌‍.

Expert Solution

The fulfillment of self-interests over social interests is a conundrum that most people face. Therefore, analyzing the role global warming, globalization, natural resource depletion, information-age economy, and economic stability play in organizing economic lives to promote both these interests and their influence in the achievement of social interests through voluntary trading, government action, cooperation, and treaties will aid in addressing this concern.

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