Heim interviewed for TV series on capitalism

Carol Heim

Carol E. Heim, professor of economics and CPPA faculty member, was interviewed earlier this month for a six-part television series on capitalism. The series will explore the history of capitalism and its contemporary presence around the globe. Written and directed by documentary filmmaker Ilan Ziv, it is organized around key historical debates and thinkers, and will air in 2013. Heim was interviewed about Joseph Schumpeter, a 20th-century economist who focused on innovation, entrepreneurship, and large-scale firms. In Capitalism, Socialism, and Democracy, he highlighted the “creative destruction” that characterizes capitalism, incessantly destroying old structures and creating new ones. Heim also answered questions on the emergence of capitalism, its distinctive institutions, and its historical evolution.