PLSC 270
Capitalism: Success, Crisis, and Reform
Fall 2009
Topics
- Exploding Worlds and Course Introduction
- Thomas Malthus and Inevitable Poverty
- Counting the Fingers of Adam Smith's Invisible Hand
- Karl Marx, Joseph Schumpeter, and an Economic System Incapable of Coming to Rest
- Property, Freedom, and the Essential Job of Government
- Rise of the Joint Stock Corporation
- Can You Sell a Scheme for Operating on Beating Hearts and Make a Business of It?
- Mortal Life Cycle of a Great Technology
- Guest Lecture by Jim Alexander: Managing the Crooked E
- Guest Lecture by Richard Medley: Entrepreneurship in Business Information
- Guest Lecture by Will Goetzmann: Institutions and Incentives in Mortgages and Mortgage-Backed Securities
- Accountability and Greed in Investment Banking
- The Mortgage Meltdown in Cleveland
- The Political and Judicial Elements of American Capitalism
- Mass Affluence Comes to the Western World
- Braudel's Bell Jar
- The Case of Mister Balram Halwai
- Microfinance in South India
- Plight of the Bottom Billion
- Policy Targets for Capitalist Development
- Guest Lecture by Paolo Zanonni, Part I
- Guest Lecture by Paolo Zanonni, Part II
- Marrying the Devil in Texas
- Capitalist Enterprise and Clean Water for a Bolivian City
Readings
- Adiga, Aravind. The White Tiger. Harper Collins India, 2008.
- Buckley, Christopher. Thank You for Smoking. Random House, 1994. (optional text)
- Chandler, Alfred D. The Visible Hand: The Managerial Revolution in American Business. Belknap Press, 1977.
- Clark, Gregory. Farewell to Alms: A Brief Economic History of the World. Princeton University Press, 2007.
- Collier, Paul. The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It. Oxford University Press, 2007.
- De Soto, Hernando. The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else. Basic Books, 2000.
- Hayek, Friedrich. The Constitution of Liberty. University of Chicago Press, 1960.
- Marx, Karl and Frederick Engels. Manifesto of the Communist Party (The Communist Manifesto). orig. pub. 1848.
- Posner, Richard A. A Failure of Capitalism: The Crisis of '08 and the Descent into Depression. Harvard University Press, 2009.
- Schumpeter, Joseph. Capitalism, Socialism, & Democracy. orig. pub. 1942.
- Smith, Adam. Wealth of Nations, orig. pub. 1776.
- Selected case studies from Harvard Business School and Yale School of Management
Sources
- Course catalogue ↗Historical Open Yale Courses
- Historical Open Yale Courses offering. Texts and lecture titles are reproduced as bibliographic and topic information; reading requirements vary by the linked syllabus.