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Capitalism as a Moral System

Author

Listed:
  • Spencer J. Pack

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.

Suggested Citation

  • Spencer J. Pack, 1991. "Capitalism as a Moral System," Books, Edward Elgar Publishing, number 346.
    • Handle: RePEc:elg:eebook:346
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    File URL: http://www.e-elgar.com/shop/isbn/9781852784423
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    Citations

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    Cited by:

    1. Elias L. Khalil, 2002. "Is Adam Smith Liberal?," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 158(4), pages 664-664, December.
    2. Jonathan Wight, 2006. "Adam Smith's Ethics and the “Noble Arts”," Review of Social Economy, Taylor & Francis Journals, vol. 64(2), pages 155-180.
    3. Ecem Okan, 2017. "How did it all begin? Adam Smith on the early and rude state of society and the age of hunters," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 24(6), pages 1247-1276, November.
    4. Ecem Okan, 2017. "How did it all begin? Adam Smith on the early and rude state of society and the age of hunters," Post-Print hal-03171143, HAL.
    5. Simon Glaze, 2015. "Schools Out: Adam Smith and Pre-disciplinary International Political Economy," New Political Economy, Taylor & Francis Journals, vol. 20(5), pages 679-701, October.
    6. Kirchgässner, Gebhard, 2010. "On minimal morals," European Journal of Political Economy, Elsevier, vol. 26(3), pages 330-339, September.
    7. Geoffrey Hodgson, 2005. "Knowledge at work: Some neoliberal anachronisms," Review of Social Economy, Taylor & Francis Journals, vol. 63(4), pages 547-565.
    8. Benoît Walraevens, 2022. "Adam Smith’s Economics and the Lectures on Rhetoric and Belles Lettres: The Language of Commerce," Palgrave Studies in the History of Economic Thought, in: Adam Smith’s System, chapter 6, pages 141-166, Palgrave Macmillan.
    9. J.H. Cooper, 1992. "Distributive Justice, Welfare and Liberalism: Reply," South African Journal of Economics, Economic Society of South Africa, vol. 60(3), pages 188-189, September.
    10. George Bragues, 2009. "Adam Smith’s Vision of the Ethical Manager," Journal of Business Ethics, Springer, vol. 90(4), pages 447-460, December.
    11. Scott Drylie, 2020. "Professional Scholarship from 1893 to 2020 on Adam Smith’s Views on School Funding: A Heterodox Examination," Econ Journal Watch, Econ Journal Watch, vol. 17(2), pages 350–391-3, September.
    12. Keith Tribe, 1999. "Adam Smith: Critical Theorist?," Journal of Economic Literature, American Economic Association, vol. 37(2), pages 609-632, June.
    13. Amos Witztum, 2008. "Smith's theory of actions and the moral significance of unintended consequences," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 15(3), pages 401-432.
    14. Sergio Cremaschi, 1999. "Book Reviews," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 6(2), pages 314-317.
    15. Philippe Fontaine, 2000. "Making use of the past: theorists and historians on the economics of altruism," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 7(3), pages 407-422.
    16. Vitantonio Gioia, 2020. "From “prudent man” to homo oeconomicus: Does historicity matter for the category of individualism?," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 67(1), pages 47-67, March.

    More about this item

    Keywords

    Economics and Finance;

    JEL classification:

    • G0 - Financial Economics - - General
    • E0 - Macroeconomics and Monetary Economics - - General

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