Capitalism as a Moral System: Adam Smith's Critique of the Free Market Economy

Capitalism as a Moral System: Adam Smith's Critique of the Free Market Economy

By: Spencer J. Pack (author)Paperback

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Description

This powerful and thoroughly documented book overturns many long-held beliefs about Adam Smith. Spencer Pack demonstrates that contrary to popular myth, Adam Smith was not a dogmatic defender of laissez-faire capitalism and neither was he in favour of regressive taxation. The book stresses for the first time the many qualms and problems - indeed the profound ambiguity - which Adam Smith felt toward the capitalist system.

About Author

Spencer J. Pack, Professor of Economics, Connecticut College, US

Contents

Contents: 1. Introduction 2. The Wealth of Nations: The Theoretical Books 3. The Wealth of Nations: The Latter Books 4. Obvious Wealth of Nations Lessons: The Questions of Laissez-Faire and Regressive Taxation 5. The Theory of Moral Sentiments 6. Rhetoric, Science and Smith's Wealth of Nations 7. Lessons from the Lectures on Jurisprudence 8. Character Formation Under Capitalism: The Downside of Smith's System of Capitalism 9. Conclusion Bibliography Index

Product Details

  • ISBN13: 9781849801294
  • Format: Paperback
  • Number Of Pages: 208
  • ID: 9781849801294
  • ISBN10: 1849801290

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