There is three files named 'assignment', Question 1 and 2 reading. Question 1 and 2 are to be answered by those readings. The third question has to be answered on the own. Please do follow the instruc

Assignment

Instructions: Prepare an essay response to each question.

Length: Approximately 450-500 words (2 to 3 pages) each; total of 1350 to 1500 words

1. How does the Instrumental Rationality of Weber and the Methodological Individualism of Schumpeter differ from their utilitarian counterparts?

2. What is the significance of race and racialization to political economy? In what ways does incorporating ethno-racial factors strengthen political economic analysis?

3. Does neoliberalism adequately reflect the conditions of contemporary society? How does the rhetoric of freedom and liberty ignore questions of social justice? And are issues of social justice an appropriate consideration for political economists?

Each essay must include the following components:

• a brief introduction that provides an overview of the topic to be discussed;

• a main section that develops and substantiates the issues mentioned in the introduction;

• a summary/conclusion section that pulls together or summarizes what your essay discusses; it should briefly outline the significance of the topic as well as any conclusions you may have reached; and

• a “References” page that properly cites the source of the material referenced in your paper.