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Capitalism: Success, Crisis and Reform - Audio

by Douglas W. Rae

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In this course, we will seek to interpret capitalism using ideas from biological evolution: Firms pursuing varied strategies and facing extinction when those strategies fail are analogous to organisms struggling for survival in nature. For this reason, it is less concerned with ultimate judgment of capitalism than with the ways it can be shaped to fit our more specific objectives – for the natural environment, public health, alleviation of poverty, and development of human potential in every child. Each book we read will be explicitly or implicitly an argument about good and bad consequences of capitalism.

Customer Reviews

Strong course

This is a strong course with thoughtful content, a variety of excellent guest speakers, and no shortage of the professor's POV. You feel part of a genuine conversation.

Why then three stars? There are a few technical issues:
1. There is no class 10 and no explanation why it isn't included
2. It is very difficult to hear what class participants have to say and the main speaker doesn't consistently summarize content. Also, there is dead time as the microphone is passed around.
3. I couldn't find a book list or other materials. Such would have been useful.