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Summer Friday: History of Capitalism; Air Conditioning; Black Lung's Return; Elie Mystal

The Brian Lehrer Show

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The Evolution of Capitalism: From Smith to Modern Challenges

This chapter explores the historical development of industrial capitalism in Britain, emphasizing the critiques of Adam Smith regarding mercantile capitalism. It discusses the impact of protectionism on modern economic policies and draws parallels between historical labor movements, like the Luddites, and contemporary challenges posed by technology. The narrative underscores the complex relationship between capitalism, economic turmoil, and the ongoing debates about reform and innovation in today's economy.

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