David Scudder has many years of investment management experience. In this talk he will discuss the relationship between democracy and capitalism. Capitalism, wisely managed, is the greatest economic engine of all time, provided it is checked by an equally wisely managed democracy. He will define what that crucial term “wisely managed” means, when it was most apparent in the US, and how badly we have strayed from that definition in the past several decades. He will suggest ways to return to a more wisely managed democratic market capitalism. He will use sources ranging from the original writings of Adam Smith in the 18th century, to several recent books, particularly by Robert Putnam (The Upswing), James Kloppenberg (Towards Democracy) and Benjamin Friedman (Religion and the Rise of Capitalism).
Wednesday Evening Lectures are free for museum members and $10 for non-members