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

This book explores Adam Smith's interest in the science of the legislator and his criticism of the mercantile system and the political dimension of capitalism. It also highlights his belief that the mercantile system was a viable, if dangerous, economic model and discusses the institutions he saw as necessary to transform it into a system of natural freedom. It is relevant to students and researchers interested in the history of economic thought.

Format: Hardback
Length: 219 pages
Publication date: 17 October 2021
Publisher: Springer Nature Switzerland AG

This book delves into the profound examination of Adam Smith's intellectual pursuits and his unwavering fascination with the science of legislation. It explores the critical analysis Smith offered of the mercantile system, shedding light on its inherent flaws and the political implications of capitalism. Furthermore, it delves into the institutions Smith believed were essential in transforming the mercantile system into a system of natural freedom. Through insightful insights into Smith's analysis of the political threats posed by capital accumulation and the escalating inequality, the book highlights the pivotal moment when Smith recognized the essence of capitalism.

This book serves as a valuable resource for students and scholars interested in delving into the rich tapestry of economic thought. It provides a comprehensive exploration of Adam Smith's ideas, offering a deeper understanding of his contributions to the field. By examining his critiques of the mercantile system and his vision for a more equitable and prosperous society, readers can gain valuable insights into the foundations of modern economic theory and policy.

Weight: 485g
Dimension: 210 x 148 x 18 (mm)
ISBN-13: 9783030815998
Edition number: 2021 ed.