maraoz

71%
Flag icon
This is why he thought a free market could work to the betterment of all: because he was convinced ordinary human beings would not be so industrious, and so self-aggrandizing, as to continue pursuing their advantage once a certain comfortable prominence was achieved: that is, that they would not continue amassing more and more wealth simply for the sake of doing so. For Smith, the pursuit of wealth beyond a point where one had achieved such a comfortable position was pointless, even pathological.
maraoz
· Flag
maraoz
he = Adam Smith
Debt: The First 5,000 Years
Rate this book
Clear rating
Open Preview