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Nathanson gives you three options – socialism, libertarian capitalism, and the w

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Nathanson gives you three options – socialism, libertarian capitalism, and the welfare state. He describes them pretty thoroughly. And, he mildly endorses the welfare state. Now is your chance to get involved. Do you agree with Nathanson? Or not?If so, what is the right balance of free markets and redistribution? Give some examples to more narrowly specify your view (since Nathanson remains rather vague on specifics). What does a just welfare state look like?If you prefer one of the alternatives (socialism or libertarian capitalism), why? What does Nathanson miss in his own thinking that indicates the superiority of your chosen economic system? Explain.You will be graded both on content and format. You need to demonstrate thoughtful and careful engagement with our course material and at least two outside sources. Specify the pages of the texts you referred to for your arguments within your text and provide a bibliography below your text. Use APA citation style.For a good overview on how to cite using APA style, go here:https://www.library.kent.edu/files/APACheatSheet.pdf (Links to an external site.)Structure your thinking and your lines of argumentation into sections and paragraphs, ideally with an introduction and conclusion. Section headers may be helpful. Your paper should be typed, 3-4 pages long (double spaced, size 12 font, 1 inch margins), and uploaded to Canvas in Word or PDF format (all word processing programs allow you to save in one of these file types). Add page numbers, a title and your name. Be careful to edit for grammar, spelling and formulations.

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