Perry Anderson, author of Lineages of the Absolutist State, talks about Japanese feudalism and the transition to capitalism. The podcast covers unique aspects of Japan's path to capitalism, its relationship with the West, and the decline of Japanese feudalism. It explores the economic tendencies, social barriers, and political changes during this period, as well as the challenges faced by Weimar Germany and the Japanese peasantry after World War I. The hosts also have some lighthearted moments discussing baseball notifications and expressing gratitude to their listeners.