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comment by StillWaters
StillWaters  ·  2674 days ago  ·  link  ·    ·  parent  ·  post: Pubski: August 2, 2017

I read "Wealth of Nations" while at business school many years ago.

I find it weird how often people will say something is leftist when in fact it is something Adam Smith would be fully supportive of (for example government intervention to ensure net neutrality). Or they believe capitalism leads to the opposite conclusion of what Smith actually advocated or warned about (e.g. Citizens United).

So many today proclaim they are fervent followers of capitalism, yet have an incredibly poor understanding of this philosophy and the founding tract of Adam Smith.

Your post made me order the book so I can read it again.





user-inactivated  ·  2674 days ago  ·  link  ·  

Reading it from the left, an alternative title of "The Moderate's Manifesto" has crossed my mind more than once.

StillWaters  ·  2673 days ago  ·  link  ·  

Yeah, it's quite weird to realize that the Dems are actually the most capitalist party right now. And also to realize how far removed the Libertarians (and most Republicans) are from capitalism.

user-inactivated  ·  2672 days ago  ·  link  ·  

To me, it isn't that those aren't Capitalist parties. It is rather that they subscribe to different philosophies as to how capital benefits society.

user-inactivated  ·  2674 days ago  ·  link  ·  

Off-topic: Your username has nothing at all to do with Trevor Hall's song does it?

StillWaters  ·  2673 days ago  ·  link  ·  

Lol, nah. It was on a flyer when I was looking for inspiration, and I've always liked the saying "still waters run deep".