Capitalism as a Moral System

Spencer J. Pack

in Books from Edward Elgar Publishing

Abstract: This powerful and thoroughly documented book overturns many long-held beliefs about Adam Smith. Spencer Pack demonstrates that contrary to popular myth, Adam Smith was not a dogmatic defender of laissez-faire capitalism and neither was he in favour of regressive taxation. The book stresses for the first time the many qualms and problems – indeed the profound ambiguity – which Adam Smith felt toward the capitalist system.

Keywords: Economics and Finance (search for similar items in EconPapers)
JEL-codes: E0 G0 (search for similar items in EconPapers)
Date: 1991
ISBN: 9781852784423
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