thecrashcourse:

Profit, Loss, and Capitalism: Crash Course World History #33

In which John Green teaches you about capitalism and socialism in a way that is sure to please commenters from both sides of the debate. Learn how capitalism arose from the industrial revolution, and then gave rise to socialism. Learn about how we got from the British East India Company to iPhones and consumer culture in just a couple of hundred years. Stops along the way include the rise of industrial capitalism, mass production, disgruntled workers, Karl Marx, and the Socialist Beard. The socialist reactions to the ills of capitalism are covered as well, and John discusses some of the ideas of Karl Marx, and how they’ve been implemented or ignored in various socialist states. Plus, there are robots!

The rise of industrial capitalism and socialism continue to shape our economic and political discourse. Here’s some historical background.

352 Notes/ Hide

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    BTW, y’all should watch this whole series.
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    Relentless Revolution by Joyce Appelby: http://dft.ba/-appelby The Marx-Engels Reader: http://dft.ba/-marxengels Like!...
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