The Wealth Of Nations By Adam Smith - you the
Despite its renown as the first great work in political economy , The Wealth of Nations is in fact a continuation of the philosophical theme begun in The Theory of Moral Sentiments. It should be noted that each of these stages is accompanied by institutions suited to its needs. This later became known as laissez-faire capitalism ; Smith called it the system of perfect liberty. There is an obvious resemblance between this succession of changes in the material basis of production, each bringing its requisite alterations in the superstructure of laws and civil institutions, and the Marxian conception of history. The first is how a system of perfect liberty, operating under the drives and constraints of human nature and intelligently designed institutions, will give rise to an orderly society. The Wealth Of Nations By Adam SmithShop by category
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