When we speak of capitalism, it often appears as a single, fixed system. But closer examination reveals a more complex picture. Capitalism carries an essential logic—the investment of capital for profit and its reinvestment to generate more capital—yet this logic has taken different forms across history and regions.

In this episode, we explore the distinction between capitalism’s core traits and the diverse structures through which it operates, asking whether there is one capitalism or many.  www.wernermouton.com