Economy | Capitalism pt 1

If your mind limits the idea of "Capitalism" to only Karl Marx and Max Weber, then this podcast will surely enlighten you to something more. Adam Smith, Baron de Montesqueu, Louis de Bonald, David Richardo, and Frederick A. Hayek are some other theorists that gave further meaning to Capitalism. But how did the term surfaced from the Medieval times, what is its relation with social hierarchy, nor how its concept is implemented throughout the centuries? Well, Ky's Weeklu Playlist welcomes you in the journey! Pt 2: the influence of capitalism, its importance, pros and cons, and its difference with socialism.