Capitalism and Socialism: Crash Course in World History #33

In which John Green teaches you about capitalism and socialism in a way that is sure to please commentators on both sides of the debate. Learn how capitalism grew out of the industrial revolution and then gave birth to socialism. Learn how we went from the British East India Company to iPhones and consumer culture in just a few hundred years. Stops along the way include the rise of industrial capitalism, mass production, disaffected workers, Karl Marx, and Socialist Beard. Socialist reactions to the evils of capitalism are also covered, and John discusses some of Karl Marx's ideas and how they were implemented or ignored in various socialist states. Plus, there are robots!

Chapters:
Introduction: Capitalism 00:00
What is industrial capitalism? 0:59
How was industrial capitalism born? 3:04
Capitalism increased productivity 4:51
Capitalism as a cultural system 5:41
Criticisms of capitalism 7:12
Socialism 7:59
An open letter to Karl Marx's beard 9:12
The ideology of Karl Marx 10:23
Socialism versus industrial capitalism today 12:14
Credits 13:14

Resources:
The Relentless Revolution by Joyce Appelby: https://bit.ly/3OlIBPV
The Marx-Engels Reader: https://bit.ly/3M8o4fL

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