RETHINK
ECONOMICS
RETHINK
ECONOMICS
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Capitalism: Success, Crisis, and Reform

Prof. Douglas W. Rae
Level: advanced
University: Yale University
Platform: Open Yale Courses
Recurrence: always
Language: English
Discipline: Political Science, Political Economy
Attendance: free

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.

Course abstract from www.oyc.yale.edu/political-science/plsc-270

Comment from our editors:

The lectures are foundational on Neoclassical Economics and economist, as well as their roles in the proliferation of capitalist ideology. The course itself is separated into 24 lecture modules which are also interesting for curious non-economist, scientifically relevant and intellectually stimulating. On top of that, the instructor is very articulate.

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