Capitalism

September 2024

• Sep 2, 2024ExplainersWhy the Rich Get Richer: Cumulative Advantage and Capital ReturnsThomas Piketty's r>g thesis, Robert Merton's Matthew effect, Raj Chetty's mobility data, and the Gini coefficient's trajectory explain why wealth...15 MIN6.2k

August 2024

• Aug 24, 2024ExplainersUnderstanding Economic Inequality and Its Growth FactorsWhy does inequality grow? Understand Piketty's r > g thesis, the mechanisms of wealth concentration, what the research shows about inequality's...21 MIN1.7k

April 2024

• Apr 10, 2024CultureUnderstanding Capitalism's ImpactWhat is capitalism? From Adam Smith and Marx to Piketty and Varieties of Capitalism, a thorough exploration of how capitalism emerged, how it...15 MIN3.8k

July 2022

• Jul 31, 2022ExplainersThe Labor Theory of Value and Its Historical ContextThe labor theory of value is Marx's foundational economic concept. Understand its origins in Ricardo, Marx's development of it, the transformation...17 MIN7.6k