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Distrust in the system: A journey to the origin of the reactionary wave
opinion

Distrust in the system: A journey to the origin of the reactionary wave

We made the mistake of minimizing and caricaturing the rise of authoritarianism. This far-right populism took advantage of the distrust in democracies generated by the Great Recession to infiltrate the very core of society. If we want a democratic recovery to succeed, we cannot continue to uncritically defend a system that not only led to the 2008 crisis but also failed to pursue a just way out of it

Adam Smith’s invisible hand: why his ideas are still influential today
adam smith

Adam Smith’s invisible hand: why his ideas are still influential today

The Scottish thinker – considered by many to be ‘the father of capitalism’ – published his magnum opus, ‘The Wealth of Nations,’ 250 years ago. In it, he coined the metaphor of the invisible hand, which refers not to a magical order, but to a market with an institutional framework that fosters growth. His ideas decisively influenced liberal thought, especially due to his belief in individual liberty and his wariness of state intervention