Global Capitalism and the Ethics of Adam Smith

This episode explores the moral philosophies of Adam Smith, considered to be the father of modern capitalism. Yalemwork Teferra interviews Prof. Vikash Yadav to discuss the Smith’s ethical framework that often gets erased by many contemporary economists. They explore the ways in which modern capitalism has evolved with globalization and how it has strayed from ideological Smithian conceptions of free trade and the global market. Yalemwork is joined by hosts Stacey Philbrick Yadav and Kevin Dunn as they reflect on consumer culture and corporate responsibility, consumer culture and its global impacts.