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2. Thomas Malthus and Inevitable Poverty Video Lecture:
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2. Thomas Malthus and Inevitable Poverty
Lecture duration: 49 min
This is a video lecture course on Capitalism-Success, Crisis and Reform by Prof. Douglas W. Rae of Yale University and seeks to interpret capitalism using ideas from biological evolution: Firms pursuing varied strategies and facing extinction when those strategies fail are analogous to organisms struggling for survival in nature. For this reason, it is less concerned with ultimate judgment of capitalism than with the ways it can be shaped to fit our more specific objectives -- for the natural environment, public health, alleviation of poverty, and development of human potential in every child........