Episode 78 - Paul Knowlton and Aaron Hedges (Authors, "Better Capitalism: Jesus, Adam Smith, Ayn Rand, and MLK Jr. on Moving from Plantation to Partnership Economics")

Oct 31, 2022

This week, I'm honored to be joined by Paul Knowlton and Aaron Hedges, the authors of the book "Better Capitalism: Jesus, Adam Smith, Ayn Rand, and MLK Jr, on Moving from Plantation to Partnership Economics."

We discuss the following points:

• The story of "Mr. X," and the propagation of old-style, top-down, plantation-style economics.
• Why the economy doesn't have to be a "zero sum game" in the tradition of Gordon Gekko, and why looking out for the interests of your customers and suppliers can lead to mutually beneficial outcomes;
• Why one of Jesus' most famous teachings, the Sermon on the Mount, is laced with economic instruction for both the rich and poor;
• Why Adam Smith's "Wealth of Nations" is often misunderstood as an unfettered endorsement of laissez-faire economics.  Paul and Aaron reveal what Smith had to say about the importance of functionality of the state;
• How to engage your ideological opposites on matters of partnership economics, and how to find a common ground centered around the almighty dollar.

"Better Capitalism" is available here: https://www.amazon.com/Better-Capitalism-Plantation-Partnership-Economics-ebook/dp/B095JD4R9P/ref=sr_1_1?keywords=better+capitalism&qid=1667243247&qu=eyJxc2MiOiIxLjc2IiwicXNhIjoiMS43NSIsInFzcCI6IjEuNjEifQ%3D%3D&sprefix=better+capitalism%2Caps%2C93&sr=8-1

Thanks for checking out this week's episode!