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Capitalism: Success, Crisis and Reform

Yale, , Prof. W. Rae

Updated On 02 Feb, 19

Overview

Exploding Words - Thomas Malthus and Inevitable Poverty - Counting the Fingers of Adam Smith's Invisible Hand - Karl Marx, Joseph Schumpeter, and an Economic System Incapable of Coming to Rest - Property, Freedom, and the Essential Job of Government - Rise of the Joint Stock Corporation - Can You Sell a Scheme for Operating on Beating Hearts and Make a Business of It - Mortal Life Cycle of a Great Technology - Guest Lecture by Jim Alexander: Managing the Crooked E-Institutions and Incentives in Mortgages and Mortgage - Backed Securities - Accountability and Greed in Investment Banking - The Mortgage Meltdown in Cleveland - The Political and Judicial Elements of American Capitalism - Mass Affluence Comes to the Western World - Braudel's Bell Jar - The Case of Mister Balram Halwai-Microfinance in South India-plight of the Bottom Billion - Policy Targets for Capitalist Development - Marrying the Devil in Texas - Capitalist Enterprise and Clean Water for a Bolivian City

Includes

Lecture 16: The Case of Mister Balram Halwai

4.1 ( 11 )


Lecture Details

Capitalism Success, Crisis and Reform (PLSC 270)

Professor Rae discusses Aravind Adigas novel The White Tiger. The novel reveals the difficulties developing countries face dismantling entrenched inequalities. Corruption and chronic rent-seeking behavior can be major obstacles. Other aspects of the novel, including Indias religious history, the role of caste structure, and entrepreneurialism, are also explored. Links are made between themes from the novel and previous class discussions on the nature of capitalism.

Complete course materials are available at the Open Yale Courses website httpopen.yale.educourses

This course was recorded in Fall 2009.

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Sam

Excellent course helped me understand topic that i couldn't while attendinfg my college.

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Dembe

Great course. Thank you very much.

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