Reply to post: Re: Marx and Adam Smith

Twilight of the idols: The only philosophy HPE and IBM do these days is with an axe


Re: Marx and Adam Smith

If you read Wealth of Nations carefully, you'll see that Smith emphatically decried the likes of the East India Company, monopolies, and politicians who thought they should be businessmen (as well as businessmen who thought they should be politicians). Smith is held as the big cheerleader for "the invisible hand." That was imply his phrase for the effect of individuals with liberty. His main thrust was to get politicians to think of the wealth of the nation, not of the guilds and trade monopolies. JMO.

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