Democratic Socialists of America, Boston and the Dollars and Sense Collective present:
The Wealth of Nations: A New Gospel
Date: January 12, 2017
Place: Encuentro 5, 9A Hamilton Place, Boston, MA 02108-4701 (Near Park St. T)
Time: 7 PM
Discussant: Autumn Beaudoin of Dollars and Sense
Disconnecting Adam Smith the economist from Adam Smith the moral philosopher has led to tragic distortions that have profoundly shaped our global economic system, as well as a complete misrepresentation of what Smith meant by a “free market.”
“The Wealth of Nations: A New Gospel”, part of documentary series on capitalism, shows how amisinterpretation of Adam Smith has led to distortions that have tragically shaped our global economic system. The underpinnings of contemporary capitalism lie in an ideology born in the 19th century; one which privileges greed over other equally deep-seated human drives. Smith did not favor a completely unregulated free market – in fact, he thought it would be disastrous.
The film features interviews with Noam Chomsky, economist Ha-Joon Chang, and Smith biographer Nicholas Phillipson, as well as archival footage of free market ideologues such as Ayn Rand and Milton Friedman.
Autumn Beaudoin believes that educating individuals about their personal finances is the first step in creating awareness around the ways in which the current capitalist financial industry is exploitative of the individual. In their role on the Dollars and Sense collective, Autumn directly engages in creating awareness of the necessity to change our current political and economic systems of oppression.
Film courtesy of Icarus Films.