Why is Our Culture Hostile to Capitalism?
Published in
5 min readApr 7, 2023
Part 1 of a Discussion of Peter Foster’s Why We Bite the Invisible Hand Chapter 1 “Cardboard Cut-out Capitalism”
The title of journalist Peter Foster’s book definitely captured my attention: Why We Bite the Invisible Hand.
The invisible hand is a metaphor from Adam Smith that we use in economics to describe how the economy works.
