WHAT IS POLITICS? cover image

2. What is Politics and Why Should I Care? (video)

WHAT IS POLITICS?

CHAPTER

Capitalism Is an Economic System, Political System, and Ideology

Capitalism is a huge topic, and we're going to have at least one episode about it. But in brief, capitalism is an economic system, it's a political system, and it's an ideology. And what do all these things mean? Just like politics, economics is anything to do with resources in groups. What incentives make us want to trade, exchange, hoard, produce, steal or destroy resources? One of the big things about economics is rules for who controls resources,. Who has decision making power over resources?"

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