Jonathan Turley
👤 SpeakerAppearances Over Time
Podcast Appearances
Its success was in the United States.
The framers immediately saw capitalism as the key economic theory to coexist with their political theory.
They realized that unless people are economically free, they can never be politically free.
No, you're so right.
This is why I love talking with you.
You're the best read person I know in the media.
And you're absolutely right that people forget that Adams, that Adam Smith was really offering a theory of political economics.
rules, not just economic rules.
It was an economic model.
He tied it directly into his view of society.
He did believe in morals.
And in that sense, he broke from some people in what's called the Scottish Enlightenment, who sort of downplayed the role of faith and morals in their theories.
Adam Smith did not.
He believed wholeheartedly in those decisions.
And people often misportray him, as you noted, because they say, oh, well, you know, it's not for the love of the butcher, which is, you know, why we the system works.
It is self-interest.
But Adam Smith still believed that individuals still needed to make virtuous decisions.
Well, I do think that's what we need to be talking about.
You know, I have I just gave a speech in Prague where I may have irritated my my audience and said that I have less faith that the EU will survive this century.
The key here is how can we preserve a republic with the pressures that are coming?