Mod. 1, Les. 1.2: Producing for Profit: Study of a Historically Specific Social System - Capitalism


NSSR Dean Will Milberg discusses the history of capitalism and the continuing effects of colonialism, slavery, and patriarchy on market economies.

By the end of this video, learners will be able to:

  • Explain the definition of capitalism and understand its historical origins

  • Discuss how legacies of colonialism, slavery, and patriarchy shape the functioning of market economies.

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Module 2, Lesson 2.1: The Good: Competition, Prices, & Entrepreneurship (Friedrich Hayek)

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Module 2, Lesson 2.1: The Good: Competition, Prices, & Entrepreneurship (Adam Smith)