A Thousand Years of Capitalism

Open Source with Christopher Lydon

We’re talking about capitalism this time, trying to reckon the power of big money to shape—even rule—the human species. Capitalism is the one-word name given to a thousand-year-old force. It’s not a science or doctrine or mere politics. It’s a thoroughly human and ever-changing arrangement of affairs that can produce rapid and vast expansion of wealth in private hands.

Sven Beckert.

And Capitalism is the title of our guest Sven Beckert’s new thousand-page history of the whole thing. A thousand pages covering a thousand years. The opening line in his book is, “We live in a world created by capitalism.” How did it happen? Is it still happening, for better or worse? Did it have to happen?

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