How Understanding The True History of Capitalism Helps Fix It - Erica Schoenberger (EP 39)

Erica Schoenberger is an economic geographer and environmental historian. We often think that capitalism is somehow natural and inevitable. The real story is a bit more complicated. The first markets came about through wars and the projects of the rich, disrupting the lives of many. How can we come to understand the true history of capitalism? Expect to learn about how markets were created by states to help fund wars, how markets and states are intertwined and rely on each other, how capitalism and money have evolved over time, modern economic systems and unnecessary work, the economy's need for perpetual growth, how to keep the good parts of capitalism without the bad, and more... 00:00 - Intro 00:39 - What We Misunderstand about Capitalism and Money 10:45 - Why Capitalism and Markets Are Unnatural 18:30 - How Wars Led To Capitalism 21:05 - Gold as a Means of Control 29:38 - The Paradoxical Nature of Money 35:26 - How the State and Market Evolved Together 38:36 - "Bullshit" Jobs 43:34 - Improving Capitalism 49:23 - Capitalism's Need for Perpetual Growth Erica Schoenberger: -https://engineering.jhu.edu/faculty/erica-schoenberger/ -Most recent book: Nature, Choice and Social Power Jack Roycroft-Sherry: -Spotify: https://open.spotify.com/show/0DGVMa1qAI1huc87xNDrgy?si=103427a899754a3f -X: https://twitter.com/jack_roycroft -Medium: https://medium.com/@jackroycroftsherry