Professor Steven Marks of Clemson University spoke at the University of Oklahoma. PHOTO: Chad Hudson |
A historian came to speak of capitalism and the shaky
definition the world has for it, Monday, October 29, 2012 at the University of
Oklahoma.
Students, faculty and the public gathered as professor
Steven Marks, a Soviet historian at Clemson University, talked about how
information is the key to capitalism and the economy.
The definition of capitalism has been often confused and
misused. There is something wrong with people’s definition of capitalism, Marks
said.
“My belief is that, what’s key, is information,” Marks said. “Capitalism is all about information, but information—I
think—has gotten ahead of us.”
Information is what Marks feels can rebuild the economy, but
the information he speaks of is the knowledge of how to build a business, where
to invest, the true meaning of capitalism and how to operate a capitalistic
society.
“{Marks} really challenged the crowd to think about
capitalism and how it can benefit the economy,” Kevin Zehnder, an OU sophomore,
said.
“With the economy so bad these days, this talk made me think
that there is a solution out there quicker than what I thought,” Zehnder said.
Price Business College, the department of history, the department of economics and Russian and East European studies sponsored the event. Marks authored a book, “The
Information Nexus and the Meaning of Capitalism,” which hopes to explain
capitalism and the relationship with information.