Course Details

910: The Development of Capitalism and Socialism

July 14-18
9:45 AM - 11:15 AM
In-Person

This course presents one module each day. The first module traces the development of key elements of a capitalist economic system—borrowing, banks, shareholder corporations, stock markets, and British property rights. The second module discusses how the elements of capitalism came together in Britain, and how its agricultural, consumer, and financial revolutions led to the First Industrial Revolution with its social and economic impacts. The third module discusses the Second Industrial Revolution in Europe, and three socialist responses to capitalism. The fourth and fifth modules describe how Sweden’s Social Democratic Party included capitalism in its economy alongside a robust social welfare system.


View Syllabus

Class Type: Lecture and Discussion

Class Format: In-Person

Hours of Reading: No reading

Study Group Leader(s):

Robert Wise

Robert Wise has a BA in math, MA in education, MS in statistics, and PhD in education. He was a university assistant professor in California, an assistant director in a federal educational research agency in Washington, and vice president of two technology companies. For the last 25 years, he has operated his own consulting practice focusing on helping organizations to identify strategic goals and use data to manage organizational performance. He currently teaches statistics and data collection methods for an online educational training organization.