The Rule of the Rich?: Adam Smith's Argument Against Political Power
- List Price: $43.95
- Binding: Hardcover
- Publisher: Pennsylvania State University Press
- Publish date: 10/01/1998
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.
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