Capitalism vs. Socialism: Comparing Economic Systems

Professor Emeritus Edward F. Stuart takes you across three centuries to chart the history of modern economic thought and practice around the world.

Topics Covered:

• 1: Gorbachev’s Hello and the Soviet Goodbye
• 2: Adam Smith, Karl Marx, Keynes, and Friedman
• 3: How to Argue GDP, Inflation, and Other Data
• 4: British Revolution: Industry and Labor
• 5: American Capitalism: Hamilton and Jefferson
• 6: Utopian Socialism to Amana Microwave Ovens
• 7: The Bolsheviks: Lenin, Trotsky, and Stalin
• 8: Soviet Planning and 1,000 Left-Foot Shoes
• 9: Economic Consequences of European Peace
• 10: How FDR and Keynes Tried to Save Capitalism
• 11: Social Democracy in Europe
• 12: Sweden’s Mixed Economy Model
• 13: French Indicative Planning and Jean Monnet
• 14: British Labour Party and National Health
• 15: Social Welfare in Germany: Bismarck to Kohl
• 16: Soviet Bloc: Conformity and Resistance
• 17: Two Germanies: A Laboratory in Economics
• 18: The Soviet Union’s Fatal Failure to Reform
• 19: “Blinkered and Bankrupt” in Eastern Europe
• 20: From Chairman Mao to the Capitalist Roaders
• 21: After Deng, China Privatizes and Globalizes
• 22: Asian Tigers: Wealth and State Control
• 23: European Union: Success or Failure?
• 24: Both Sides Now: Experiment in Slovenia