Palgrave Studies in the History of Econo Adam Smith and the Wealth of Nations: The Discovery of Capitalism and Its Limits (Hardcover)

This book examines the work of Adam Smith and his interest in the science of the legislator. Smith s criticism of the mercantile system and the political dimension of capitalism is discussed alongside insight into what institutions he saw as necessary to transform the mercantile system into a system of natural freedom. Through insights into Smith s analysis of the political threats of capital accumulation and the growth of inequality the point at which he discovered capitalism is highlighted. This book aims to explore Smith s belief set out in The Wealth of Nations that the mercantile system was a viable if dangerous economic model. It is relevant to students and researchers interested in the history of economic thought.