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Revisiting the "father of capitalism"
The Gray Area with Sean Illing
Is the Theory of Moral Sentiments a Moral Template for Capitalism?
I think of capitalism not just as an economic system. I think of it as a morality really unto itself or it becomes a morality without any serious ethical or spiritual counterbalances. And Smith, again, unless I am misappropriating him, he seemed to get that that is true,. which is why he thought a healthy moral culture was perhaps a precondition for a healthy, productive, capitalist economy.
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