Capitalism and Socialism: Crash Course World History #33

In which John Green teaches you about capitalism and socialism in a way that is sure to please commenters from both sides of the debate. Learn how capitalism arose from the industrial revolution, and then gave rise to socialism. Learn about how we got from the British East India Company to iPhones and consumer culture in just a couple of hundred years. Stops along the way include the rise of industrial capitalism, mass production, disgruntled workers, Karl Marx, and the Socialist Beard. The socialist reactions to the ills of capitalism are covered as well, and John discusses some of the ideas of Karl Marx, and how they've been implemented or ignored in various socialist states. Plus, there are robots! Chapters: Introduction: Capitalism 00:00 What is Industrial Capitalism? 0:59 How did Industrial Capitalism begin? 3:04 Capitalism Increased Productivity 4:51 Capitalism as a Cultural System 5:41 Criticisms of Capitalism 7:12 Socialism 7:59 An Open Letter to Karl Marx's Beard 9:12 Karl Marx's Ideology 10:23 Socialism vs. Industrial Capitalism Today 12:14 Credits 13:14 Resources: The Relentless Revolution by Joyce Appelby: https://bit.ly/3OlIBPV The Marx-Engels Reader: https://bit.ly/3M8o4fL Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Instagram - https://www.instagram.com/thecrashcourse/ CC Kids: http://www.youtube.com/crashcoursekids