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Capitalism Season 1 Episodes

Season 1 Episode Guide

6 Episodes 2014 - 2014

Episode 1

The Birth of the Free Market

320 mins

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Capitalism, Season 1 Episode 1 image

Episode 2

The Wealth of Nations

320 mins

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Capitalism, Season 1 Episode 2 image

Episode 3

Ricardo and Malthus, Did Someone Say Freedom?

320 mins

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Episode 4

What If Marx Was Right?

320 mins

The life and legacy of Karl Marx and how it shaped the modern society of today.

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Capitalism, Season 1 Episode 4 image

Episode 5

Keynes vs Hayek, a Fake Debate?

320 mins

Deals with the theories of Friedrich Hayek and John Maynard Keynes, with some Milton Friedman add in.

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Capitalism, Season 1 Episode 5 image

Episode 6

Karl Polanyi, the Human Factor

320 mins

Karl Polanyi's life's work was to reintegrate society and economy - with the latter serving the former. Taking us on a journey from ancient Sumeria to the towers of Frankfurt, this episode of CAPITALISM argues that commercial transactions have always been embedded in social norms, and that a self-regulating market economy is in no way a natural state of human affairs. The thought of political economist Karl Polanyi, author of The Great Transformation, is central to this exploration. Polanyi said that industrialization and the first wave of globalized economy had led to labor, money and nature being treated like commodities, with potentially disastrous results - the kind being played out on the streets of Athens, where unemployment is over 20%, neo-fascism is on the rise, and rioters face down police over harsh austerity measures that benefit foreign bankers. Debt levels around the world are rising, and the webs of who owns whose debt are becoming ever more complex. Could the commodification of money ultimately be as disastrous - both for individuals and businesses - as floods, drought and earthquakes?

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Capitalism, Season 1 Episode 6 image