Exploring the intertwined nature of racial capitalism, the chapter discusses the impact of colonization on economies like India, the concept of primitive accumulation, and the historical context of capitalist practices leading to wealth extraction and power dynamics. It also delves into the enclosure movement in Europe, the Second Agricultural Revolution, and peasant uprisings in response to the forced separation from their lands by the aristocracy.
From the voyages of Columbus and Vasco da Gama to colonial conquest and the Atlantic Slave Trade, to the privatization of land in western Europe: humanity’s turn toward the capitalist world we live in now.
By John Biewen, with co-host Ellen McGirt. Interviews with Jayati Ghosh, Jason Hickel, Jessica Moody, Charisse Burden-Stelly, Silvia Federici, and Eleanor Janega. Story editor: Loretta Williams. Music by Michelle Osis, Lilli Haydn, Chris Westlake, Alex Symcox, and Goodnight, Lucas. Music consulting by Joe Augustine of Narrative Music. "Capitalism” is a production of the Kenan Institute for Ethics at Duke University, in partnership with Imperative 21.