The Moral Defense Beyond Just Efficiency

Jeffrey Bercuson is author of A History of Political Thought: Property, Labor, and Commerce from Plato to Piketty.

This book does a whirlwind tour through the history of political thought explaining how different thinkers have approached the commercial or money-making part of human life. We talk about how attitudes have shifted from ancient scepticism about commerce in Plato and Aristotle to its celebration in thinkers like Hegel and Hayek.

Bercuson also explains how, even if we accept the arguments of some of capitalism’s biggest boosters, we still wind up on the left side of the existing political options.


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