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Statism and Distributive Injustice in Adam Smith

From the book New Perspectives on Distributive Justice

  • Barry Stocker

Abstract

This paper seeks to displace contemporary “progressive” attempts to bring Adam Smith into the fold of thinkers who support a form of state intervention favouring the welfare of its poorest members through distributive justice. The paper argues that despite the validity of pointing to Smith’s support of those at the lowest economic level, it never amounts to redistribution of wealth, especially to the poorest. The state structure Smith proposes does favour those with the most at stake in maintaining a stable political structure. The paper argues that the real and genuine concern Smith shows for the poorest element, would be supported by the state through the development of a legal system that would prevent or hinder the bad behaviour of the upper classes and state craft that promotes broader economic development while promoting the better virtues of societies wealthier members. Though there are distributive elements of Smith’s theory that favours the poor, they tend to be measures that prohibit attempts at distribution that could end up harming the poor. Thus, there is no basis for the assertions of egalitarian liberals who see in Smith’s work support for state sponsorship of an ideal formula for resource distribution.

© 2018 Walter de Gruyter GmbH, Berlin/Munich/Boston
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