Tracing the evolution of capitalism from its origins in medieval times through stages like the Industrial Revolution and American economic power into the tumultuous 20th century, the insight emphasizes how people, especially those with power, have shaped the economic system over time. By understanding this evolution, individuals can gain clarity on capitalism's essence, perceive their choices clearly, and consider how to reorganize relationships around work, wealth, and essential needs. It highlights the potential for individuals to remake the economic system since people are the creators of the existing economic framework.
Introduction to our 7th season: Capitalism. The world’s dominant economic system is on trial as it hasn’t been for at least half a century. Millions, young people especially, now see capitalism as the problem, not the solution. Others fear throwing out the baby with the bathwater.
By John Biewen, with co-host Ellen McGirt. Interviews with John Fullerton, Cassandra Brooks and Charlene Brooks. 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.