
Capitalism Is Not What You Think

In this Conflicted Conversation, Thomas speaks to Harvard professor Sven Beckert about his new book Capitalism: A Global History.
Sven explains:
Why the history of capitalism matters for understanding the present
How most histories of capitalism are too Eurocentric
How merchant communities in the medieval Muslim world and other regions laid the foundations of capitalism
How European merchants learned from and interacted with merchants in the Muslim world
Trust networks in global trade, including family, religious, and city-based merchant networks
How capitalism and state power grew together
European divergence: why Europe became central to capitalism
Effects of Ottoman control and European geopolitical weakness on Atlantic expansion
Role of conquest, slavery, and colonial expansion in building capitalist societies
Tension between capitalism’s drive for unlimited growth and nature’s limits
Challenges to neoliberalism from the left and the populist right
Find Sven on Bluesky: @svenbeckert.bsky.social
Visit Sven’s personal website: svenbeckert.com
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Conflicted is a Message Heard production.
Executive Producers: Jake Warren & Max Warren.
This episode was produced and edited by Thomas Small.
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An ex-Al Qaeda jihadi turned MI6 spy and a former monk turned filmmaker, have been embedded at the heart of conflicts in the Middle East. Together Aimen Dean and Thomas Small unpack the realities of war, fundamentalism and their global implications through first-hand experience.