Good in Theory: A Political Philosophy Podcast cover image

20 - Do Free Markets Make Free Humans? Interview with Jeffrey Bercuson

Good in Theory: A Political Philosophy Podcast

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What Is the Importance of Markets?

The key idea I think is that competition is what draws out our talents. What makes us refine and develop our rational capacities, right? This isn't done when things are easy and peaceful. It requires competition and market society is sort of the essential side of that competition. But ethical dimensions of the argument are a bit off to the side in Smith. He has a much more practical political programmatic. Well, you can't you count on the Brits for like pragmatics and you count on Germans for the like spiritual dimension of money making. That's exactly right.

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