My guest today is Gustav Peebles: professor of economic anthropology at The New School, and author of an explosive essay that turns Adam Smith on his head. 

In our conversation, we explore:

The forgotten “splenetic” philosophy of Adam Smith, and how his Theory of Moral Sentiments challenges the popular notion of his economic vision

How the conflation of wealth with wisdom is bad for individuals, but great for society

How Adam Smith and Karl Marx agreed on false consciousness, but disagreed on what to do about it

Social dividends, public goods, UBI, and pencils as a great example of communism

Hope you enjoy!