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multigraincracker

(38,053 posts)

5. The Father of Capitalism is Adam Smith.

Reply to Duncanpup (Original post)

Sun Aug 3, 2025, 12:07 PM

Aug 2025

He wrote that book in 1776, Wealth of Nations, and it became the blue print for a market driven economy. He also stated the businesses must be regulated to prevent monopolies. That part changed with Neoliberalism and, for many, the end of it.

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Duncanpup thought crime keep_left

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Thom Hartman [View all] Duncanpup Aug 2025 OP

. dalton99a Aug 2025 #1

Also gambling and increasingly, crypto. thought crime Aug 2025 #7

Republicans kill economies. SalviaBlue Aug 2025 #2

The party of business can't see what business can see: good business needs healthy societies Bernardo de La Paz Aug 2025 #3

HartmanN, please. MineralMan Aug 2025 #4

The Father of Capitalism is Adam Smith. multigraincracker Aug 2025 #5

I've been following him sence the 70s when he was in East Lansing and owned a small shop there. multigraincracker Aug 2025 #6

Great read ! Karadeniz Aug 2025 #8