EPISODE · Aug 30, 2025 · 22 MIN
Episiode 115: Capitalism, Socialism and Communism
from The Y in History · host Ajay Kaul
Though various forms of Capitalism have existed since ancient times, Adam Smith in 1776, was the first to philosophize the concept of free markets. The Industrial Revolution gave Capitalism a massive boost but the exploitation of labor led Karl Marx to publish the Communist Manifesto in 1848 and Das Kapital in 1867.
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Episiode 115: Capitalism, Socialism and Communism
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