explaining how "the system of perfect liberty" (also called "the system of natural liberty") -- the way Smith referred to commercial capitalism -- came into being, as well as how it worked. Adam ...

Democratic members of Congress are fed up with their party’s discourse on identity, but they can’t get on board with Donald ...

The essential feature of capitalism is the motive to make a profit. As Adam Smith, the 18th century philosopher and father of modern economics, said: “It is not from the benevolence of the butcher, ...

He is clearly rather a fan of Adam Smith. An audience who had read either ... because it appears to represent an obvious failure of capitalism. In a perfect environment with no barriers to entry ...

In 1776, Adam Smith’s seminal work ... His ideas helped develop the laissez-faire capitalism that defined much of the 19th century. Today, to ensure equitable access to resources and address ...

This course seeks to explore the theory, history, and state structures of capitalism; examine its manifestations in several national contexts; and understand the ways in which systemic changes to ...

Prabhat Patnaik examines how neoliberalism has created powerful alliances between politicians and corporate leaders, ...