BA-level proseminar (PW-BA-PT, SOZ10-BA-S1, SOZ-BA-S1, SOZ10-BA-SP)

What is capitalism, and why do so many people complain about it? In this course we will explore the ideas, questions, and criticisms surrounding the system known as “capitalism.” The first half will be spent examining classic statements by Smith, Marx, Schumpeter, Hayek, and others. We will then look at some of the challenges capitalism is facing in the 21st century in relation to power, race, gender, ecology, and democracy. Along the way, we will ask: How should capitalist markets be regulated, if at all? Does capitalism promote freedom, or are capitalism and freedom at odds with each other? Is capitalism sustainable in the long term, or will we need to think about alternatives? If so, what?