The School of Life on capitalism

Another short video from The School of Life, this time on capitalism. I like this series, partly because their main focus is not so much on the pure economics of each subject, but instead covers some of the historical, political, social and philosophical aspects.

The video concludes by describing the mixed blessings of capitalism: its extraordinary productive capabilities on the one hand, and its frequent neglect of workers and provision of goods based on what is profitable rather on human need. But it ignores any kind of discussion on the solution to these dilemmas: should we reform the system, or encourage its replacement?

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