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Iain McLean reexamines the radical legacy of AdamSmith, arguing that Smith was a radical egalitarian and that his work supported all three of the slogans of the French Revolution: liberty, equality, and fraternity. McLean suggests that Smith's The Theory of Moral Sentiments , published in 1759, crystallized the radically egalitarian philosophy of the Scottish Enlightenment. This book brings Smith into full view, showing how much of modern economics and political science is in Smith. The author locates Smith's heritage firmly within the context of the Enlightenment, while addressing the international links between American, French, and Scottish histories of political thought.
The essential guide to the life, thought, and legacy of Adam Smith Adam Smith (1723–90) is perhaps best known as one of the first champions of the free market and is widely regarded as the founding father of capitalism. From his ideas about the promise and pitfalls of globalization to his steadfast belief in the preservation of human dignity, his work is as relevant today as it was in the eighteenth century. Here, Ryan Hanley brings together some of the world's finest scholars from across a variety of disciplines to offer new perspectives on Smith's life, thought, and enduring legacy. Contributors provide succinct and accessible discussions of Smith's landmark works and the historical context in which he wrote them, the core concepts of Smith's social vision, and the lasting impact of Smith's ideas in both academia and the broader world. They reveal other sides of Smith beyond the familiar portrayal of him as the author of the invisible hand, emphasizing his deep interests in such fields as rhetoric, ethics, and jurisprudence. Smith emerges not just as a champion of free markets but also as a thinker whose unique perspective encompasses broader commitments to virtue, justice, equality, and freedom. An essential introduction to Adam Smith's life and work, this incisive and thought-provoking book features contributions from leading figures such as Nicholas Phillipson, Amartya Sen, and John C. Bogle. It demonstrates how Smith's timeless insights speak to contemporary concerns such as growth in the developing world and the future of free trade, and how his influence extends to fields ranging from literature and philosophy to religion and law.
Foreword by the Rt. Hon. Gordon Brown, Chancellor of the ExchequerThis book aims to show that Adam Smith (1723-90), the author of The Wealth of Nations, was not the promoter of ruthless laissez-faire capitalism that is still frequently depicted. Smith's "right-wing" reputation was sealed after his death when it was not safe to claim that an author may have influenced the French revolutionaries. But as the author, also, of The Theory of Moral Sentiments, which he probably regarded as his more important book, Smith sought a non-religious grounding for morals, and found it in the principle of sympathy, which should lead an impartial spectator to understand others' problems. This book locates Smith in the Scottish Enlightenment; shows how the two books are perfectly consistent with one another; traces Smith's influence in France and the United States; and draws out the lessons that Adam Smith can teach policy makers in the 21st Century. Although Smith was not a religious man, he was a very acute sociologist of religion. The book accordingly explains the Scottish religious context of Smith's time, which was, as it remains, very different to the English religious context.The whole book is shot through with Iain McLean's love for the Edinburgh of his birth, and for the Scottish Enlightenment. It begins and ends with poems by Smith's great admirer Robert Burns.
Revolutionary ideas on how to use markets to achieve fairness and prosperity for all Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking on its head. With a new foreword by Ethereum creator Vitalik Buterin and virtual reality pioneer Jaron Lanier as well as a new afterword by Eric Posner and Glen Weyl, this provocative book reveals bold new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation. Only by radically expanding the scope of markets can we reduce inequality, restore robust economic growth, and resolve political conflicts. But to do that, we must replace our most sacred institutions with truly free and open competition—Radical Markets shows how.
This Handbook provides an accessible survey of the whole of Smith's thought with chapters written by leading experts that will allow all readers to gain a sense of the breadth and depth of the thought of this world historical figure.
The Cambridge Companion to the Scottish Enlightenment offers a philosophical perspective on an eighteenth-century movement that has been profoundly influential on western culture. A distinguished team of contributors examines the writings of David Hume, Adam Smith, Thomas Reid, Adam Ferguson, Colin Maclaurin and other Scottish thinkers, in fields including philosophy, natural theology, economics, anthropology, natural science and law. In addition, the contributors relate the Scottish Enlightenment to its historical context and assess its impact and legacy in Europe, America and beyond. The result is a comprehensive and accessible volume that illuminates the richness, the intellectual variety and the underlying unity of this important movement. It will be of interest to a wide range of readers in philosophy, theology, literature and the history of ideas.
Rad Dad: Dispatches from the Frontiers of Fatherhood combines the best pieces from the award-winning zine Rad Dad and from the blog Daddy Dialectic, two kindred publications that have tried to explore parenting as political territory. Both of these projects have pushed the conversation around fathering beyond the safe, apolitical focus most books and websites stick to; they have not been complacent but have worked hard to create a diverse, multi-faceted space in which to grapple with the complexity of fathering. Today more than ever, fatherhood demands constant improvisation, risk, and struggle. With grace and honesty and strength, Rad Dad’s writers tackle all the issues that other parenting guides are afraid to touch: the brutalities, beauties, and politics of the birth experience, the challenges of parenting on an equal basis with mothers, the tests faced by transgendered and gay fathers, the emotions of sperm donation, and parental confrontations with war, violence, racism, and incarceration. Rad Dad is for every father out in the real world trying to parent in ways that are loving, meaningful, authentic, and ultimately revolutionary. Contributors Include: Steve Almond, Jack Amoureux, Mike Araujo, Mark Andersen, Jeff Chang, Ta-Nehisi Coates, Jeff Conant, Sky Cosby, Jason Denzin, Cory Doctorow, Craig Elliott, Chip Gagnon, Keith Hennessy, David L. Hoyt, Simon Knapus, Ian MacKaye, Tomas Moniz, Zappa Montag, Raj Patel, Jeremy Adam Smith, Jason Sperber, Burke Stansbury, Shawn Taylor, Tata, Jeff West, and Mark Whiteley.
In this important work, the author illuminates how the founding fathers' motives, thoughts, and actions were framed by the Scottish Enlightenment.
Why economics needs to focus on fairness and not just efficiency One of the central tenets of mainstream economics is Adam Smith's proposition that, given certain conditions, self-interested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. This deep insight has, over the past two centuries, been taken out of context, contorted, and used as the cornerstone of free-market orthodoxy. In Beyond the Invisible Hand, Kaushik Basu argues that mainstream economics and its conservative popularizers have misrepresented Smith's insight and hampered our understanding of how economies function, why some economies fail and some succeed, and what the nature and role of state intervention might be. Comparing this view of the invisible hand with the vision described by Kafka—in which individuals pursuing their atomistic interests, devoid of moral compunction, end up creating a world that is mean and miserable—Basu argues for collective action and the need to shift our focus from the efficient society to one that is also fair. Using analytic tools from mainstream economics, the book challenges some of the precepts and propositions of mainstream economics. It maintains that, by ignoring the role of culture and custom, traditional economics promotes the view that the current system is the only viable one, thereby serving the interests of those who do well by this system. Beyond the Invisible Hand challenges readers to fundamentally rethink the assumptions underlying modern economic thought and proves that a more equitable society is both possible and sustainable, and hence worth striving for. By scrutinizing Adam Smith's theory, this impassioned critique of contemporary mainstream economics debunks traditional beliefs regarding best economic practices, self-interest, and the social good.