A Turning Point In The History Of Capitalism?

Most people associate Adam Smith with free markets and “the invisible hand”. But does this conventional narrative purposefully ignore Smith’s deep suspicions about monopolies and power? Georgetown assistant professor Glory Liu argues this narrow interpretation is actually a delib ...  Show more

We tend to view technological advancement as an unstoppable force that naturally improves our living standards over time. From the printing press to the internet, modern society assumes that groundbreaking ideas will always find their way into the marketplace. However, beneath th ...  Show more

What do we mean when we talk about capitalism? Our economic system might seem inevitable, but it's a construction project hundreds of years in the making and no part of it is natural or left to chance. This week, we kick off our series on the past, present and future of capitalis ...  Show more

Melvyn Bragg and his guests discuss Adam Smith's celebrated economic treatise The Wealth of Nations. Smith was one of Scotland's greatest thinkers, a moral philosopher and pioneer of economic theory whose 1776 masterpiece has come to define classical economics. Based on his caref ...  Show more

Melvyn Bragg and his guests discuss Adam Smith's celebrated economic treatise The Wealth of Nations. Smith was one of Scotland's greatest thinkers, a moral philosopher and pioneer of economic theory whose 1776 masterpiece has come to define classical economics. Based on his caref ...  Show more

Is capitalism a good thing? Journalist Katherine Mangu-Ward makes the case that “weirdos” left alone to innovate and explore far-out ideas in a free market system are our best hope for the future. She asks us to reconsider our qualms about capitalism, failure and corporate death, ...  Show more