Usually viewed as the premier apologist for laissez-faire
capitalism, Smith is seen in this new interpretation within the
context of an earlier tradition that condemned the British
aristocracy for relinquishing its moral obligation to promote the
public good in favor of an unceasing pursuit of private gain.
Through separate chapters on Mandeville, Bolingbroke, and Hume,
Gallagher shows that Smith echoed civic humanist sermons against
the avaricious inclinations of the nobles who profited most from
commercial expansion. Unlike earlier critics, however, Smith
concluded that the most prudent response to aristocratic corruption
was not to hold ministers, kings, and social notables to higher
standards but to limit their access to political power. The Rule of
the Rich? accordingly shows that the case for limited government
made in The Wealth of Nations was not a defense of individual
liberty so much as a concession to the apparent incompetence of the
British upper class. Susan E. Gallagher is Assistant Professor of
Political Science at the University of Masschusetts, Lowell.
General
| Imprint: |
Pennsylvania State University Press
|
| Country of origin: |
United States |
| Release date: |
April 1998 |
| First published: |
June 2004 |
| Authors: |
Susan E. Gallagher
|
| Dimensions: |
229 x 152 x 12mm (L x W x T) |
| Format: |
Paperback - Trade
|
| Pages: |
152 |
| ISBN-13: |
978-0-271-02496-7 |
| Categories: |
Books >
Social sciences >
Politics & government >
General
|
| LSN: |
0-271-02496-8 |
| Barcode: |
9780271024967 |
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