economics

How China Became Capitalist: A Conversation Between Ronald H. Coase and Ning Wang How China Became Capitalist: A Conversation Between Ronald H. Coase and Ning Wang

[ Music ]>>We had a conference in 2008. We’ve received a lot, you know, high quality academic papers but the papers were about specific questions but the overall process like how China became capitalist was not clear, so we started writing this book in the hope to find some answers to the questions that remained.>>People…

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Can Capitalists Afford Economic Growth? Can Capitalists Afford Economic Growth?

Modern capitalism can’t seem to get enough of economic growth. Capitalists, workers and the unemployed all say that they need it. Politicians pledge their commitment to it. And the experts… claim they know how to achieve it. Yet over the past fifty years, global economic growth has slowed down dramatically, including in the US and…

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Why capitalism requires free higher education and universal healthcare Why capitalism requires free higher education and universal healthcare

(light music) – You know, it’s time to think about how much education people, sort of, should have without having to pay for it. I think a number of states have talked about free community college. It may be that we are at the point where that is the minimum requirement for anybody to get…

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Bouvet Island: The Most Isolated Piece of Land on Earth Bouvet Island: The Most Isolated Piece of Land on Earth

This video was made possible by Skillshare. Learn what you want to learn with Skillshare for free for two months at skl.sh/hai15. There are a lot of places that don’t have any people like here, and here, but also here. Now, people live here, in Antarctica, and people live here, on the continents, but basically…

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Together we can cure capitalism | Bruno Delepierre | TEDxGhent Together we can cure capitalism | Bruno Delepierre | TEDxGhent

Translator: Yulia Kallistratova Reviewer: Ellen Maloney A couple of weeks ago I had a coffee with Jesus. Now, before you think I’m crazy, Jesus is actually an old acquaintance of mine, back from the days when I was studying economics in university. His real name is pronounced [Hay-soos], he is from Spain, but if you…

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Capitalism Is NOT Imperialism Capitalism Is NOT Imperialism

Many people think that capitalism and imperialism are the same thing, or at the very least that they’re very closely connected. In fact, they’re contradictory and opposed systems of economic and political organization. Because of this confusion, many people blame capitalism and the world trading system for bad things that have happened in the past…

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Who Exploits You More: Capitalists or Cronies? Who Exploits You More: Capitalists or Cronies?

Karl Marx famously thought that a capitalist economy promotes the systematic exploitation of workers. For Marx, this idea was based on a labor theory of value, which most scholars today reject. Nevertheless many still agree with Marx’s basic claim that capitalism is inherently exploitative. They simply define exploitation in broader and less contentious terms. Instead…

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The Power of the Poor – Full Video The Power of the Poor – Full Video

In the shanty towns of the world, two-thirds of humanity are locked in poverty. Because they are not legally recognized; because they have no legal identity; because they can’t make contracts with the outside world, they are not part of globalization. But in his native country of Peru, Hernando de Soto has discovered that the…

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5. Liberal capitalism increases the average standard of living 5. Liberal capitalism increases the average standard of living

the next argument focus is not so much on capitalism’s productive ability how much wealth it produces but rather on the distribution of wealth in a society one characteristic of capitalism in the modern world after the Industrial Revolution particularly was the development of mass production of goods obviously for the masses mass-produced clothing mass-produced…

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Market Capitalism Model Part 1 Market Capitalism Model Part 1

>>So what we’re going to look at right now are the models that describe interactions between business, government, and society. Now this is one of the most important concepts in this course. You might want to pay attention, okay? This will be on your individual written assessment. This will be on your written case study,…

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