Rethinking Capitalism
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Level: Graduate
Division: The New School for Social Research
Department: Economics
Course Number: GECO 5250
Course Format: Lecture
Location: NYC campus
Permission Required: No
Under capitalism, private owners operate the means of production in the pursuit of profit. Competitive markets determine the prices and allocation of goods, services, and assets efficiently. Workers labor for a wage. All parties are driven by self-interest. How well does this model explain global capitalism? This course starts from the premise that capitalism must be explained, rather than assumed. Capitalism is a social process. Institutions, history, power relations, and cultural context shape the specific form that capitalism assumes in any given place at any particular moment. In this course, students will gain a basic literacy about the practices and institutions of capitalism. Readings, discussions, and assignments will interrogate capitalism from the perspective of multiple disciplines. The course will equip students to formulate their own critical perspective on capitalism. Major themes will include: primitive accumulation and the origins of capitalism, varieties of capitalism, debt, the material and visual culture of capitalism, the limits and boundaries of capitalism, the ecology of capitalism.
Course Open to: Degree Students


Not open to Undergraduate students.