Adam Smith and the Contradictions of the Free Market

Peter Nolan

Challenge, 2003, vol. 46, issue 3, 112-123

Abstract: Adam Smith was an advocate of free markets. But this management professor argues he was also completely aware of the internal contradictions of markets. He saw class conflict as inevitable and was dubious that material acquisition could make anyone happy.

Date: 2003
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DOI: 10.1080/05775132.2003.11034204

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