What do the various ‘political versions’ of capitalism throughout history (for example, social democracy and neoliberalism) tell us about the ability of capitalism to evolve and survive? Have these forms fundamentally changed how capitalism works?

Readings:Worldly Philosophers – Chapter 1 : “The Economic Revolution” pp 14-28Capital of Marx (chapters attached) – Chapters 26, 27 : pp 500-509BER – Chapter 1 : pp 19-30Optional: Walter Rodney (attached) – Ch 5, Sec I, Parts a and b. : pp 231-2511.Marx discusses how the breaking of the bonds of feudalism led to the preconditions for the rise of capitalism. Are there parallels here to the rapid rise in jobs lost to automation in recent decades?2.Heilbroner lists several changes that were important in giving rise to early capitalism. Which, if any, do you feel to be predominant in establishing the capitalist system?3.How does the division of labor relate to productivity and growth, and how are these important to capitalism? How has this pattern changed society?4.What do the various ‘political versions’ of capitalism throughout history (for example, social democracy and neoliberalism) tell us about the ability of capitalism to evolve and survive? Have these forms fundamentally changed how capitalism works?