14.72 Capitalism and Its Critics


Class Info

Addresses the evolution of the modern capitalist economy and evaluates its current structure and performance. Various paradigms of economics are contrasted and compared (neoclassical, Marxist, socioeconomic, and neocorporate) in order to understand how modern capitalism has been shaped and how it functions in today's economy. Readings include classics in economic thought as well as contemporary analyses. Stresses general analytic reasoning and problem formulation rather than specific analytic techniques. May not be used for economics concentration. One economics HASS-D subject may be used as an economics elective for the economics major and minor.

This class has no prerequisites.

14.72 will not be offered this semester. It will be instructed by M. Piore.

This class counts for a total of 12 credits. This class counts as a HASS S.

In the Fall 2013 Subject Evaluations, 14.72 was rated 5.8 out of 7.0. You can find more information on MIT OpenCourseWare at the Capitalism and Its Critics site.

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