Week 36: Capitalism

"Deceit is the weapon of greed."

Capitalism, where the means of production are not owned by those who provide the labor. While that is a simple definition of it, there are many facets and derivations of capitalism, and many iterations have brought us to the modern sense of capitalism we see in the US, the West, and around the world. In this week's Tuesday Fix, we explore 3 types of capitalism, and how they came about.

1. The Predictable Rise of Conscious Capitalism: "More and more often we've seen corporations take an ethical stance on production, or espouse popular social values. While this may sound like a step in the right direction, there's a lot we need to be aware of..."

Watch The Predictable Rise of Conscious Capitalism by Second Thought

2. Racial Capitalism: "“Racial capitalism,” the process of deriving value from the racial identity of others, harms the individuals affected and society as a whole." In this article, Nancy discusses the development and consequences that stem from racial capitalism.

Read Racial Capitalism by Nancy Leong via Harvard Law Review

3. Redefining American Capitalism: "Free-market Capitalism was not always part of the American way of life. How did Libertarianism make its way into the political mainstream?" Knowing Better discusses the influencers throughout American History that brought capitalism to where it is today.

Watch Redefining American Capitalism | Libertarianism by Knowing Better

Call to Action! Next time you hear a conversation or debate on capitalism, try to see what type of capitalism they are discussing, and if it fits with what they are defending or their belief system.

Be sure to share your thoughts with us on Twitter! Also, if you find articles, videos, or any other media you think others should know about, please share them with us!

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