What is Capitalism? Capitalist Economic System Explained #Capitalism #EconomicSystems #Economics
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What is Capitalism? Capitalist Economic System Explained #Capitalism #EconomicSystems #Economics
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YouTubeStanford Graduate School of Business
The natural and inevitable tendency of Capitalism is to simply evolve into Imperialism. Imperialism is not just about territorial expansion. It is a system where advanced capitalist nations exploit the resources, labor, and markets of poorer nations in order to sustain their own economic systems. The benefits of imperialism go to the ruling class, while ordinary people pay the costs of empire. Lecture by Dr Michael Parenti, American political scientist and Marxist. #imperialism #colonialism #lef
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The natural and inevitable tendency of Capitalism is to simply evolve into Imperialism. Imperialism is not just about territorial expansion. It is a system where advanced capitalist nations exploit the resources, labor, and markets of poorer nations in order to sustain their own economic systems. The benefits of imperialism go to the ruling class, while ordinary people pay the costs of empire. Lecture by Dr Michael Parenti, American political scientist and Marxist. #imperialism #colonialism #lef
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