1) How does Wolff explain the Global Economic Crisis of 2008? 2) According to Harvey, why was the elite project of neoliberalization launched in the late 1970s, and how have elites amassed so much wealth since then?

Draw upon assigned course materials to answer the questions below as comprehensively as possible. Make
sure that you are answering the specific questions posed, rather than falling into unfocused summaries that
address issues not relevant for answering the specific questions posed below. Be sure to fully explain and
elaborate the arguments and concepts you discuss. Both questions are equally worth 1/2 of the total grade.

1) How does Wolff explain the Global Economic Crisis of 2008?

2) According to Harvey, why was the elite project of neoliberalization launched in the
late 1970s, and how have elites amassed so much wealth since then?

Your exam (including answers to both questions) may not exceed a total of 5 pages (double spaced, 12-point
font, 1-inch margins). A grade penalty will be imposed for any exams that exceed this limit.
All references to Harvey’s claims/arguments must be accompanied by citation. (While this is required
for Harvey, there is no citation required for Wolff given that it is a video lecture.) The requirement for
citation is not limited to direct quotations – you must provide citation every time you refer to any idea, claim
or argument forwarded by the author (even when it is presented in your own words). This means that there
should be extensive citation throughout your exam. Use parenthetical citation – providing the relevant
page number in parentheses at the end of each sentence being cited, for example (159). Use the original text
page numbers (not the course reader page numbers). There is no need to include a bibliography.

GRADING CRITERIA: 
1) ACCURACY: Exhibiting strong mastery of the course materials. The goal is to illustrate that you
have an accurate and thorough understanding of the course materials. You will be assessed on your
ability to identify the most crucial relevant arguments/concepts and your accuracy and thoroughness
in presenting them. 
2) COMPREHENSIVENESS: Answers that are as comprehensive and developed as possible. Exams
will be assessed in terms of how much relevant information they are able to cover within the
specified page limit. This necessitates concise and well edited responses that aim to be succinct in
order to be as thorough as possible. 
3) CITATION: Full citation that exhibits that all of Harvey’s claims/arguments have been directly
identified in the readings (not just summarizing class lectures).
4) EDITING: Essays should be well organized and have no typos.
*** Just start answer the question, for example: 1. xxx 2.xxx

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