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Klukie

(2,237 posts)
Sat Mar 17, 2012, 09:47 AM Mar 2012

Thoughts from Adam Smith

"Thus far at least seems certain, that, in order to bring up a family, the labour of the husband and wife together must, even in the lowest species of common labour, be able to earn something more than what is precisely necessary for their own maintenance; but in what proportion, whether in that above mentioned, or in any other, I shall not take upon me to determine."

Adam Smith - Wealth of Nations

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Thoughts from Adam Smith (Original Post) Klukie Mar 2012 OP
The Republicans have not only failed to read Adam Smith; Jackpine Radical Mar 2012 #1
Smith supported social safety nets, progressive taxation... Odin2005 Mar 2012 #2
They would call the real Genghis Khan a socialist. Jackpine Radical Mar 2012 #3

Jackpine Radical

(45,274 posts)
1. The Republicans have not only failed to read Adam Smith;
Sat Mar 17, 2012, 09:56 AM
Mar 2012

they haven't even paid the proper amount of attention to Machiavelli, who knew that you had to keep things sufficiently tolerable for the peasants in order to stave off open revolt.

Odin2005

(53,521 posts)
2. Smith supported social safety nets, progressive taxation...
Sat Mar 17, 2012, 02:12 PM
Mar 2012

...and anti-monopoly policies. The right would call the real Smith a socialist.

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