What actually is capitalism anyway? What distinguishes the different kinds? What was the Golden Age of Capitalism and what caused it? What's laissez-faire capitalism, neoliberalism, the Nordic model, social capitalism, a mixed economy, state capitalism, the East Asian model, or economic planning?

There's so many different models and variants of capitalism that it's easy to get lost, and difficult to pick out which ones really work. Today, we break down some important economics terms and explore what all these types of capitalism are in a concise but informative way.

This is the third episode in a multi-part series on political ideologies, starting from Episode 09- but don't worry, you don't need to watch any other episodes to enjoy this one! All you need to do is tune in, kick back, and enjoy.