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Adam Smith's Pragmatic Liberalism - The Science of Welfare (Hardcover, 1st ed. 2020)
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Adam Smith's Pragmatic Liberalism - The Science of Welfare (Hardcover, 1st ed. 2020)
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Adam Smith is commonly conceived as either an economist or a moral
philosopher so his importance as a political thinker has been
somewhat neglected and, at times, even denied. This book reveals
the integrated, deeply political project that lies at the heart of
Smith's thought, showing both the breadth and novelty of Smith's
approach to political thought. A key argument running through the
book is that attempts to locate Smith on the left-right spectrum
(however that was interpreted in the eighteenth century) are
mistaken: his position was ultimately dictated by his social
scientific and economic thought rather than by ideology or
principle. Through examining Smith's political interests and
positions, this book reveals that apparent tensions in Smith's
thought are generally a function of his willingness to abandon, not
only proto-liberal principles, but even the principles of his own
social science when the achievement of good outcomes was at stake.
Despite the common perception, negative liberty was not the be-all
and end-all for Smith; rather, welfare was his main concern and he
should therefore be understood as a thinker just as interested in
what we would now call positive liberty. The book will uniquely
show that Smith's approach was basically coherent, not muddled, ad
hoc, or 'full of slips'; in other words, that it is a system
unified by his social science and his practical desire to maximise
welfare.
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