Was Adam Smith an individualist?
| Abstract | Smith is generally regarded as an individualist without qualification. This paper argues that his predominantly individualist policy prescription is rooted in a more complex philosophy. He sees nature, including human nature, as a vast machine supervised by God and designed to maximise human happiness. Human weaknesses, as well as strengths, display the wisdom of God and play their part in this scheme. While Smith pays lip service to justice, it is really social order that pre-occupies him, and within that, the defence of property. Individuals are valued as bearers of property. As persons, individuals are deceived by nature into acting in a socially beneficial way. In different ways Smith systematically denies the autonomy of the individual with respect to the whole of which he is part. For Smith, individual liberty is, not the end, but the means, of sustaining social order and property. | |||||||||
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Elliott Sober & David Sloan Wilson (2002). Perspectives and Parameterizations Commentary on Benjamin Kerr and Peter Godfrey-Smith's ``Individualist and Multi-Level Perspectives on Selection in Structured Populations''. Biology and Philosophy 17 (4).
Craig Smith (2006). Adam Smith's Political Philosophy: The Invisible Hand and Spontaneous Order. Routledge.
Andy Denis (2005). The Invisible Hand of God in Adam Smith. Research in the History of Economic Thought and Methodology 23 (A):1-32.
David Wilson & William Dixon (2011). Das Adam Smith Problem - A Critical Realist Perspective. Journal of Critical Realism 5 (2):251-272.
Amos Witztum (2005). Property Rights and the Right to the Fruits of One's Labor: A Note on Adam Smith's Jurisprudence. Economics and Philosophy 21 (2):279-289.
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Patricia H. Werhane (2000). Business Ethics and the Origins of Contemporary Capitalism: Economics and Ethics in the Work of Adam Smith and Herbert Spencer. Journal of Business Ethics 24 (3):185 - 198.
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