It’s well understood that capitalist economies are a recent development in human history. But there is persistent disagreement on the Left over exactly how and where the transition to capitalism occurred, as well as what role colonial plunder played in enriching the West.

On this episode of Confronting Capitalism, Vivek Chibber explains the origins of capitalism, what primitive accumulation means, and how colonialism actually affected European development.

The latest issue of Catalyst is out and you can subscribe for just $20 using the code, CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM

Have a question for us? Write to us by email: confronting.capitalism@jacobin.com