
The Sunday Debate: Free Market Capitalism is so 20th Century
Intelligence Squared
Reassessing Capitalism: Ethics and Governance
This chapter examines the relevance of Adam Smith's theories in today's free market capitalism, arguing against common misinterpretations while emphasizing the necessity of ethics and public morality. It contrasts the economic experiences of the U.S. and Canada, highlighting the role of government regulation in promoting market fairness and social protections. The discussion stresses the importance of balancing market dynamics with governance to address modern challenges such as climate change and inequality.
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