Conscious Capitalism

Why Adam Smith was an original gangster

Mike Franke
39 min readMay 16, 2020
Photo by Prescott Horn on Unsplash

Disclaimer: The words that follow are solely the opinion of the author and are inevitably wrong. The best stuff is in the hyperlinks. Please enjoy.

I am an unapologetic capitalist. Nonetheless, it is not uncommon for people to call me a socialist. What’s up with that?

Well, I don’t think the way America is doing capitalism right now is the only way to do capitalism. I think we’re running capitalism on autopilot, and we need to wake the f*ck back on up and steer a little bit instead of depending on robot Uber Jesus to take the wheel and save our asses from ourselves.

Capitalism is a tool. It’s an incredible tool. Here’s the thing though, a tool can’t tell you what to do with it. It can suggest a purpose. Shovels seem like they would be pretty useful for digging holes. Give enough people a shovel without any explanation, a decent number of them are probably gonna do some digging at some point.

You can also use a tool in a way that is less than ideal though. You could hit yourself in the face with a shovel — not a great use for an otherwise helpful tool. I think we are currently hitting ourselves in the face with capitalism.

Capitalism is a set of rules for social interaction. It allows people the freedom to figure out…

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Mike Franke
Mike Franke

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