It’s well understood that capitalist economies are a recent development in human history. But there is persistent disagreement on the Left over exactly how and where the transition to capitalism occurred, as well as what role colonial plunder played in enriching the West.
On this episode of Confronting Capitalism, Vivek Chibber explains the origins of capitalism, what primitive accumulation means, and how colonialism actually affected European development.
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Confronting Capitalism with Vivek Chibber is produced by Catalyst: A Journal of Theory and Strategy, and published by Jacobin. Music by Zonkey.
