ABSTRACT

The father of capitalism, Adam Smith, taught moral philosophy at the University of Glasgow and he always saw economics and ethics as inseparable. His idea of capitalism arose out of a moral argument that individuals profit when addressing the needs of many. This economic idea also had a sensitivity to scale: we will not harm our neighbors nor damage the environments upon which we depend. As capitalism has gone global in scale, it has lost those moral sentiments, damaging the climate and harming others far away, and architecture – as the art of attending to the needs of people in particular places – offers a path back to what capitalism was meant to be.