Revisiting the "father of capitalism"

The Pentagon has spent years building AI tools to help identify targets, speed up battlefield decisions, and make war more “efficient.” What started as an effort to analyze drone footage has grown into something bigger and much more unsettling. Sean talks with Bloomberg’s Katrina ...  Show more

Back in 2015, before President Donald Trump, before January 6, before all the craziness of the last decade, Matt Yglesias made a blunt prediction: American democracy is doomed. Guest host Zack Beauchamp talks with Matt about what that argument got right, what it missed, and why t ...  Show more

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 ...  Show more

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, ...  Show more

"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 ...