In this episode of History 102, 'WhatIfAltHist' creator Rudyard Lynch and co-host Austin Padgett analyze capitalism's cycles across civilizations, examining how free markets emerged from feudalism, their conflict with monarchies and socialism, and regulatory capture's impact on economic development.
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FOLLOW ON X:
@whatifalthist (Rudyard)
@LudwigNverMises (Austin)
@TurpentineMedia
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TIMESTAMPS:
(00:00) Introduction: The Rise and History of Capitalism
(01:00) Personal Bias in Scholarship & Marxist Economics
(04:30) Cognitive Biases in American Institutions
(07:30) Sponsors: Zcash | Spotify
(10:12) Medieval Europe: Capitalism's Emergence from Feudalism
(33:00) Third World Examples & The Reality of Bureaucracy
(46:00) Victorian Britain & Why Classical Liberalism Failed
(59:00) Cold War Lessons: Capitalism vs. Socialism
(1:10:00) The Meaning Crisis & Psychological Critiques of Capitalism
(1:28:00) Ancient & Asian Capitalism: Bronze Age to Silk Road
(1:47:00) Medieval European Banking: Templars, Jews & Monasteries
(2:00:00) Regulatory Capture Myths: Snake Oil, Standard Oil & The FDA
(2:12:00) Immigration's Role in American Socialism
(2:19:00) Complete Historical Chronology & Closing Thoughts
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