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Huh, in those closing remarks Adam Smith appears to care about wealth inequality per se, that's slightly surprising.
by card_zero 3y ago
Huh, in those closing remarks Adam Smith appears to care about wealth inequality per se, that's slightly surprising.
- maCDzP 3y agoI think you are up for a surprise if you read the Wealth of nations. Adam Smith was a moral philosopher and was pretty preoccupied by the negative consequences of the division of labor.
- card_zero 3y agoYeah, I've found other surprising passages in it before (I don't think I ever read it right through though). This was published before the French revolution, and a year before the United States happened, so it's cutting edge stuff.
- bombcar 3y agoI would say it's "surprisingly modern" and quite prescient - definitely worth reading.
- xwiz 3y agoI have noticed that Smith's writing is often mischaracterized by those with a mythology they want to promote.
- quartesixte 3y agoIf I remember correctly, Smith was concerned that the mercantile, feudalistic economies of his time was the source of poverty and inequality, and that free market economics would bring more prosperity to society. Hence the title, “Wealth of Nations”.