PLSC 270: Capitalism: Success, Crisis and Reform
Lecture 01 - Exploding Worlds and Course Introduction. Professor Rae introduces the concept of capital as accumulated wealth used to produce more wealth. Questions about what constitutes capital are posed and discussed. The biggest story in recent economic history is the substitution of labor intensive production to capital intensive production. This transition, and the various speeds and scales with which it has occurred in different places at different times, has generated large income disparities around the world. Characteristics of capitalism are presented and discussed. (from oyc.yale.edu)
| Lecture 01 - Exploding Worlds and Course Introduction |
| Time | Lecture Chapters |
| [00:00:00] | 1. Introduction and Class Agenda |
| [00:01:15] | 2. Capital |
| [00:27:27] | 3. Capitalism |
| [00:35:16] | 4. Course Outline |
| References |
| Lecture 1 - Exploding Worlds and Course Introduction Instructor: Professor Douglas W. Rae. Transcript [html]. Audio [mp3]. Download Video [mov]. |
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