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| Topic: |
Philosophy
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| Number of pages / Number of words: |
4 / 875 |
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Thus, Smith's ideal society would be of people would work for themselves. He was a strong advocate for free market and posed strong opposition to the feudal system. He, along with other Enilghtenment thinkers, believed that the State had no legitimate
role in the free market. Smith's defence of the free market was tied to the belief that state interference with the market benefits the rich and hurts the poor(Lecture Notes, 2001:5)...
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He, along with other Enilghtenment thinkers, believed that the State had no legitimate
role in the free market. Smith's defence of the free market was tied to the belief that state interference with the market benefits the rich and hurts the poor(Lecture Notes, 2001:5). Therefore, Adam Smith's vision of an ideal society was one in which most people are involved in independent commodity production(Lecture Notes, 2001:5)...
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