Lesson 1 Overview: Capitalism — A Love Story (But With Knives)

Lesson 1 is your initiation into the twisted carnival of business and economics. In Module 1, we strip “business” down to what it really is — from goods and services to profits, costs, and the delightful chaos of capitalism itself. In Module 2, we widen the lens to see how the economy is stitched together: capitalism vs. socialism vs. communism, macro vs. microeconomics, GDP, inflation, unemployment, and the circular flow that keeps the whole mess spinning. Finally, in Module 3, we stop pretending it all works smoothly and embrace the dysfunction: recessions, depressions, price spirals, and unemployment in all its tragic flavors.

By the end of Lesson 1, you’ll know not just the official curriculum — but also what it really means when the economy sneezes, your rent spikes, or your side hustle tanks.

Welcome to the foundation of Riggs U: education with teeth.