ECO 2312 - History of Global Capitalism

Credits: 4

As a history of capitalism course, this course explores the distinctive characteristics of capitalism, a historically unique way of organizing our economies and societies that is now dominant globally. In this course we will study the history of capitalism, beginning with its origins in industrializing Europe and its spread globally through colonialism up until 21st century globalization. Through the works of classical political economists such as Adam Smith and Marx to more recent scholars, we will gain a clear understanding of the particular features that differentiate capitalism from previous social-economic systems, from social and class relations to profit as the motivating factor of production, to the role of private property and markets and more. We will examine the growth and spread of capitalism from the earliest global trading companies, and the historical challenges to capitalism such as autarky during World War II and communism in the 20th century. We will also address the formation of 21st century global capitalism, the rise of emerging economies such as China, and the social and environmental challenges to capitalism today.

As a research writing course, this course teaches the fundamental skills necessary to research, write, and communicate effectively at the college level. It covers basic skills such as evaluating sources and thinking critically about information on the internet. It teaches students, step-by-step, how to construct a successful research project, from identifying strong research topics, creating effective outlines, theses, arguments, utilizing theories and evidence, working through multiple drafts, and creating a polished, well-constructed final draft.
Prerequisite(s): ECO 1201