Adam Smith and the Wealth of Nations: The Discovery of Capitalism and Its Limits

Author Daniel Diatkine
Publisher Springer Nature Switzerland AG
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  • Author
    Daniel Diatkine
    Publisher
    Springer Nature Switzerland AG
    Volume
    Copyright
    2021
    ISBN13
    9783030816001
    Release
    Format
    eBook
    Grade Level
    College Freshman - College Senior
    DDC
    TBD
    Related Series

    Overview

    This book examines the work of Adam Smith and his interest in the science of the legislator. Smith's criticism of the mercantile system and the political dimension of capitalism is discussed, alongside insight into what institutions he saw as necessary to transform the mercantile system into a system of natural freedom. Through insights into Smith's analysis of the political threats of capital accumulation and the growth of inequality, the point at which he discovered capitalism is highlighted. This book aims to explore Smith's belief set out in The Wealth of Nations that the mercantile system was a viable, if dangerous, economic model. It is relevant to students and researchers interested in the history of economic thought.