Financial Context

History: Origins of Capitalism


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Capitalism didn't invent the marketplace. At some point in history governments started to protect the rights of individuals participating in that marketplace and that was really the birth of capitalism. In this episode we explore the events that lead to Adam Smith's famous economic manifesto "The Wealth of Nations" and how the global economy went from being a static, zero-sum-game to an one base on growth.  

Books referenced: Sapiens by Yuval Noah Harai

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Financial ContextBy Nathan Beauvais