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Old 03-23-2008, 10:41 AM   #7 (permalink)
The_Heretic
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Quote:
Originally Posted by DRS112 View Post
lol

Adam Smith like any revolutionary writer must be taken into the context of his time. Also I don't have the context of what he was saying other than a few quotes taken out of context and your link doesn't work. His writing were revolutionary to be sure...but not the beginning and the end. Further you can take anything that anybody similarly heralded...like when you see creationist trumpet how Darwin was religious or whatever...or Aristotle advocating a philosopher king instead of a representational govt. The point is what their theories spurred...and compared to merchantilism and govt. control his theories were revolutionary...but just the first of many.
There's no mistaking Smith's statements regarding the benefits to companies who pay their employees a decent wage.
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