Revisiting the "father of capitalism"

Games are fun. Aren’t they? When we play games — board games, video games, any kind of game — something magical happens. Games allow us to explore, to create little worlds where we can be different versions of ourselves. But when we turn life into a game — where we have to get th ...  Afficher plus

Why do we love football so much? Why does this sport dominate American culture in a way nothing else can? Why does it feel essential even to people who barely like sports? And what does it say about us that we keep watching, even as the risks and contradictions become harder to i ...  Afficher plus

Adam Smith, a moral philosopher and economist, was born in Scotland, the son of a customs officer. In 1776 he published a book called 'An Inquiry into the Nature and Causes of the Wealth of Nations’. Smith basically argued against the over regulation of commerce and said if peopl ...  Afficher plus

Elements of capitalism have existed throughout history — in institutions like markets, class relations, ownership laws, credit systems, etc. But they were never dominant until they came together, escaping the isolated, laboratory conditions in which they once ...

Economist Milton Friedman published an essay in 1970 arguing that the job of a corporation was solely to make money for its shareholders. General Electric CEO Jack Welch pushed that idea about as far as it would go — and broke capitalism. This episode was produced by Miles Bryan, ...  Afficher plus

"Post capitalism is not simply another 'ism' to replace previous ideologies. It's not a euphemism for socialism or anarchism or Nordic capitalism—although it may contain some elements of each. Post capitalism is a conceptual container for social pluralities b ...