• Group of six students outside sitting on steps

    ELEVATE

    High school students!

    Elevate your economics knowledge. Enroll in Economics for Leaders today!

    15 sites on prestigious campuses across the nation

    Learn More

  • SpringOnline2016

    EDUCATE

    Registration Open

    • Economic History Online for Teachers  
      • March 21 – May 20 (2 sem. hrs.)
    • Economics of Disasters Online  
      • March 15 – June 7 (3 sem. hrs.)

     

    Learn More

  • cornell-kids

    DONATE

    A tax deductible contribution to the FTE ensures that we can improve economic education in the classroom and beyond for many years to come.

    Learn More

  • hoover-dam

    Upcoming Conference

    Las Vegas/Hoover Dam

    Water in the West
    Insights into Supply, Demand and Allocation of Water

    Application Deadline Feb. 5, 2016

    Learn More

Is Capitalism Good for the Poor?

Note:  October, 2014:

Is Capitalism Good for the Poor? was written in 2004 and reflects the consensus of scholarship at that time.  In the intervening years, reviews and data updates were performed approximately every 2 years, most recently in 2012.  Teachers are reminded that all sources used in compiling the materials are fully cited and many of the citations include direct links which may be helpful in retrieving recently revised data.

The lesson plans and student activities in Is Capitalism Good for the Poor? (CAP) have been carefully designed and written by distinguished economists, including a Nobel Laureate, award winning curriculum writers, and classroom teachers to engage students in discussions and study of some of the most important economic issues of our time. The title question is intentionally provocative to stir interest and thought, and the answer—yes or no—depends on the particular features of a nation’s institutions and how we measure and perceive poverty. Poverty, capitalism, economic growth, income distribution, markets, property rights, rule of law, and moral values are among the many topics addressed. CAP Lessons Lessons may be viewed and printed as web pages or downloaded from the links below. Lessons are designed to stand alone, or to be used together as the framework for a unit on capitalism and poverty in the developing world. Applicable economics content standards are identified. All FTE materials may be freely copied and edited for classroom use.