SGIA2401: Capitalism: History and Theory

• At least one level 1 SGIA module

• None

• None

• This module aims to provide students with broad and detailed knowledge of capitalism from a political economy perspective;
• The module will explore academic debates surrounding the ideas, concepts and historical context of the emergence and development of capitalism;
• This module will examine the theories and history of capitalisms origin and development through an interdisciplinary political economy perspective.

• This module will introduce students to the key debates within the field of political economy on the emergence and development of capitalism utilising a thematic approach linked to phases of capitalist development from the 17th Century to the present day;
• The module will also explore the key theoretical debates within political economy on the origins and nature of capitalism. Students will explore these theories in seminar discussions.

Subject-specific Knowledge:

• Through the module students will gain an understanding of:
• The historical development of capitalism, from its agrarian origins in early modern Europe to the present;
• How capitalist development has shaped and been shaped by key events in world history;
• The core political economy theories of capitalisms emergence and functioning, exploring a range of influential thinkers in political economy;
• The close interconnection between transformations in capitalism and changing political economy ideas.

Subject-specific Skills:

• Critically explore the historical specificity of capitalism through an examination of its emergence and evolution;
• Analyse and evaluate political economy debates on the origins of capitalism and its trajectory of development using a variety of techniques;
• Critically assess key texts of political economy theory and identify competing perspectives on the nature of capitalism.
• Analyse and evaluate key texts from core thinkers on the subject of capitalism, as well as critically analyse the interrelation between historical change and social science theory.

Key Skills:

• Develop an independent and critical approach to learning;
• Advanced ability to search for and utilise relevant sources of data in relation to a range of problems or questions;
• Advanced skills in essay-writing, oral presentation, and working to deadlines;
• Ability to evaluate rival theories and intervene in scholarly debates;
• Ability to reflect on ones own performance and improve through feedback.

• Teaching and learning will be delivered through a combination of 1-hour lectures and 1-hour seminars.
• The lectures will provide formal instruction and will give students a detailed overview of the core political economy debates on capitalisms history and development.
• The seminars will allow students to discuss the work of key political economy theorists and apply these theories to the historical debates that they learned about in the lecture and from the assigned readings, providing students with a chance to develop their verbal communication skills and gain an advanced understanding of the relevant subjects.
• Formative assignment by 1,500-word essay, allowing students to develop their skills in analysing the strength and weaknesses of a particular argument, and to situate it in relation to other literature on the topic.
• Summative assessment by 3,000-word essay will allow students to develop their skills in critical analysis and essay writing, as they will explore in depth key questions related to the history and theory of capitalism.

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