ADAM SMITH, COLONIALISM, AND LIBERAL IMPERIALISM

David Williams

National Institute Economic Review, 2023, vol. 265, 39-50

Abstract: Adam Smith had a longstanding interest in colonialism and more generally relations between Europe and the rest of the world. It was through engagement with these issues that he worked through some of the central elements of his thought. This paper examines both Smith’s contexts and our own and argues that Smith’s work provides an important resource for reflecting today on relations with distant and diverse others today. It identifies three aspects of Smith’s thought that are particularly relevant: the political and economic costs of colonial ventures to the colonisers themselves, the question of whether and how imperialism had encouraged ‘progress’, and the question of how social and cultural differences should be understood and judged. The paper teases out Smith’s sometimes uncertain arguments in these areas and suggests that they can contribute to our own reflections on the troubled practices of liberal imperialism.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:cup:nierev:v:265:y:2023:i::p:39-50_5

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