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Capitalism as a Moral System : Adam Smith's Critique of the Free Market Economy

Capitalism as a Moral System : Adam Smith's Critique of the Free Market Economy

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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.

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