The Invisible Handcuffs of Capitalism: How Market Tyranny Stifles the Economy by Stunting Workers

Author:Perelman, Michael [Perelman, Michael]
Language: eng
Format: epub
Publisher: NYU Press academic
Published: 2010-12-31T22:00:00+00:00

England was also in the midst of a long series of difficult wars, but more worrisome, England appeared to be on the verge of revolutionary insurrection on the part of workers. For Smith:

In free countries, where the safety of government depends very much upon the favourable judgment which the people may form of its conduct, it must surely be of the highest importance that they should not be disposed to judge rashly or capriciously concerning it.32

Unfortunately for Smith, this “favourable judgment” among the poor did not seem to be very common. Perhaps it is fitting that the house in which Smith spent his last years eventually became a municipal center for troubled boys.

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