Partisans of the free market invoke Adam Smith in order to lend the authority of his name to the case they themselves want to make: for the complete removal of the state from economic enterprise; for the economic sovereignty of the market; and for leaving all questions of production and distribution to the magic of the invisible hand... But...the reason Adam Smith wanted an end to government intervention in the market was that in his time (in contrast to today) it was only thanks to state intervention that what he called "the mean rapacity, the monopolising spirit of merchants and manufacturers" was able to dominate the economy, to the great detriment of the society as a whole.
Adam SmithRelated topics
able adam authority case complete contrast detriment distribution dominate economy end enterprise free government great hand intervention invisible leaving lend magic market mean name order production rapacity reason removal smith society sovereignty spirit state thanks time today questionsRelated quotes
The abolition of the market means not only that the consumers-that is all members of society-are robbed of virtually all choice of consumption and all influence over production; it also means that the information and communication are monopolized by the State, as they too need a vast material base in order to operate. The abolition of the market means, then, that both material and intellectual assets would be totally rationed. To say nothing of the inefficiency of production convincingly demonstrated in the history of communism, this economy requires an omnipotent police state. Briefly: the abolition of the market means a gulag society.
Leszek KoĊakowski
[S]cientists are not robotic inducing machines that infer structures of explanation only from regularities observed in natural phenomena (assuming, as I doubt, that such a style of reasoning could ever achieve success in principle). Scientists are human beings, immersed in culture, and struggling with all the curious tools of inference that mind permits [...]. Culture can potentiate as well as constrain-as Darwin's translation of Adam Smith's laissez-faire economic models into biology as the theory of natural selection. In any case, objective minds do not exist outside culture, so we must make the best of our ineluctable embedding.
Stephen Jay Gould
Thus money is almost always something hovering between a commodity and a debt-token. This is probably why coins-pieces of silver or gold that are already valuable commodities in themselves, but that, being stamped with the emblem of local authority, became even more valuable-still sit in our heads as the quintessential form of money. They most perfectly straddle the divide that defines what money is in the first place. What's more, the relation between the two was a matter of constant political conversation. In other words, the battle between state and market, between governments and merchants is not inherent to the human condition.
David Graeber
We live together, we act on, and react to, one another; but always and in all circumstances we are by ourselves. The martyrs go hand in hand into the arena; they are crucified alone. Embraced, the lovers desperately try to fuse their insulated ecstasies into a single self-transcendence; in vain. By its very nature every embodied spirit is doomed to suffer and enjoy in solitude. Sensations, feelings, insights, fancies - all these are private and, except through symbols and at second hand, incommunicable. We can pool information about experiences, but never the experiences themselves. From family to nation, every human group is a society of island universes.
Aldous Huxley
Steal music from napster while you have the chance. find free porn on the internet. sneak across the border into mexico just for the irony. how come every one on the internet is "hot"? tell your parents the truth. start your own army. adopt a dog. tell your children the truth. stop complaining and go out and do something about it. jump out of a fucking plane. stop reading this crap right now. don't listen to me. i don't have any answers and i stole the questions from someone else. read a good book. dont beat yourself up. question authority but don't forget to do what your told. turn off your computer right now and go outside and let people into your life.
Jared Leto
