Abstract

Adam Smith’s views on inequality have recently been examined with some interest (Rasmussen 2016; Walraevens 2021). But was Smith really genuinely interested in addressing the shortcomings of the society built on the “liberal plan of equality, liberty and justice” (Smith 1975, Wealth of Nations; WN IV.ix)? While critical accounts of Smith’s thought may tend to zero in on his concerns with absolute poverty—or the equality in the “share of the necessaries of life” (Smith 1976, Theory of Moral Sentiments; TMS IV.1.10)—rather than economic inequality, they may perhaps also tend to confuse his account of our tendencies to admire the rich and powerful with the advocacy of a system in which the rich and powerful ride roughshod over the poor and disempowered as long as the order of the society founded on the “distinction of ranks” (TMS I.iii.2) is preserved.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call