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Adam Smith's was a real universalism in intent. Laissez Faire was intended to establish a world community as well as a natural harmony of interests within each nation... But the "children of darkness" were able to make good use of his creed. A dogma which was intended to guarantee the economic freedom of the individual became the "ideology" of vast corporate structures of a later period of capitalism, used by them, and still used, to prevent a proper political control of their power.
Topics
- Economy
- Children
- Natural
- Used
- Corporate
- Structure
- Dogma
- Politics
- Wells
- Real
- Capitalism
- Creeds
- Use
- Darkness
- Ideology
- Community
- Interest
- Nations
- Economic Freedom
- Political
- Economic
- Liberalism
- Periods
- Guarantees
- Laissez Faire
- Universalism
- Stills
- Laissez Faire Capitalism
- Adam
- Individual
- World
- Able
- Harmony