Capitalism and Socialism: Crash Course World History #33
Capitalism and Socialism: Crash Course World History #33
Capitalism and the Industrial Revolution each contributed to the growth of the other. But their combined effects created socialism, as people struggled to respond to changes.
Key Ideas
As this video progresses, key ideas will be introduced to invoke discussion.
Key Ideas
Think about the following questions as you watch the video
- 03:04 What’s the difference between mercantile and industrial capitalism?
- 05:19 What role did food and agriculture play in the rise of industrial capitalism?
- 05:42 How did land ownership change in Britain in this period, and how did this affect labor systems?
- 07:02 In what ways is capitalism a “cultural system”?
- 07:39 What were some problems with industrial capitalism? What were two different responses to these problems?
- 10:23 What two types of socialism were there? How did they differ?
- 12:12 According to Marx, what is the significance of conflict and struggle?