1) Maxwell realized that a changing electric field induces a magnetic field, even inside a capacitor where no current flows. He called this induced current the "displacement current".
2) Incorporating the displacement current, Maxwell derived the full set of Maxwell's Equations, which for the first time unified electricity, magnetism, and light as manifestations of the electromagnetic field.
3) Maxwell's Equations predict that changing electric and magnetic fields can propagate as electromagnetic waves moving at the speed of light. This established that light is an electromagnetic wave.