The Gray Area with Sean Illing cover image

Revisiting the "father of capitalism"

The Gray Area with Sean Illing

CHAPTER

Revisiting Adam Smith's Legacy

This chapter examines the multifaceted contributions of Adam Smith beyond his reputation as the 'father of capitalism.' It highlights his insights into moral philosophy, the definition of national wealth, and the importance of human labor over mere monetary accumulation. The discussion advocates for a re-evaluation of Smith's ideas in the context of contemporary issues like inequality and the quality of life, urging a more human-centered approach to economics.

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