How does the capitalist world that we live in today function? Why is it always said that money makes money? In this video, I explain the history and prominent features of Capitalism in detail. And also the disagreements between Adam Smith and Karl Marx. Welcome to the brand new educational series: Basics by Dhruv Rathee. In this series, I will explain complex ideologies, terms and foundational topics that everyone should know about!

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0:00 Introduction
2:20 Primitive Capitalism
3:11 How does Money make Money?
4:44 Ideology of Adam Smith
7:55 Karl Marx vs Adam Smith
9:40 Rise of Monopolies
11:28 Theory of Surplus Value
13:04 Joint Cooperatives
14:24 Rise of Keynesianism