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

Warren J. Samuels · Spencer J. Pack

93 citations0/0 files storedSouthern Economic Journal

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Historical Economic and Legal Thought Economic Theory and Institutions Society, Economy, and Ethics Research

Abstract

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

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2013The Equalizing Hand: Why Adam Smith Thought the Market Should Produce Wealth Without Steep Inequality 1997‘Mere Inventions of the Imagination’: A Survey of Recent Literature on Adam Smith 2005Freeing Smith from the “Free Market”: On the Misperception of Adam Smith on the Economic Role of Government

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