The Wealth of Nations and the Theory of Moral Sentiments

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The wealth of nations lays out a theory about why competition is good. Adam smith argued that there were four components you needed to make markets effective. People did not have equal access to the markets because powerful cartels on wall street and the city of london who were running the show. There hasn't been a shared moral framework, or even one could argue a legal and ethical framework,. essentially putting what's been happening in business and finance into wider social context.

Should capitalism be reformed or replaced? Former Greek Finance Minister and economist Yanis Varoufakis and Gillian Tett US editor at large at the Financial Times discuss and debate their visions for a post-COVID economy live in London. The moderator is Anne McElvoy senior editor at The Economist. For the Intelligence Squared discount on Gillian Tett's book click here: https://www.primrosehillbooks.com/product/anthro-vision-how-anthropology-can-explain-business-and-life-gillian-tett/ For the Intelligence Squared discount on Yanis Varoufakis's book click here: https://www.primrosehillbooks.com/product/another-now-dispatches-from-an-alternative-present-yanis-varoufakis/

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