In Das Kapital, Karl Marx outlined a historical progression of socioeconomic systems: tribal communism, slave societies, feudalism, capitalism, socialism, and ...

The assault on Enlightenment values is tearing both Europe and America apart.

This wasn’t always the case. If we look back to philosophers such as Adam Smith and Karl Marx, discussions of political economy were deeply intertwined with questions of morality. More recently, these ...

The concept of the ‘invisible hand’, introduced by Adam Smith in ‘The Wealth of Nations’, suggests that markets self-regulate ...

As early as 2007, Thiel offered a sweeping critique of Western enlightened thought, inveighing against both Karl Marx and Adam Smith for giving primacy to earthly human needs. Instead, he ...