Smith's invisible hand: controversy is needed

IF 0.3 Q4 ECONOMICS
F. D. Mario, A. Micocci
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引用次数: 0

Abstract

Smith's metaphor of the invisible hand, commonly attributed to The Wealth of Nations, is described in the Theory of Moral Sentiments. It is a ‘deception’ fed to the lower classes. Private initiative depends upon the presence of privileged classes in a conservative rather than liberal state. Only thus can the ‘invisible hand’ improve the nation's ‘wealth.’ Hence, the economic mainstream cannot easily claim Adam Smith as their ancestor. Nor can the Marxists associate him to the misdeeds of the mainstream. A Smithian ancestry is more plausible for Neoliberals.
斯密看不见的手:争论是必要的
斯密对看不见的手的比喻,通常被认为是在《国富论》中,在《道德情操论》中有描述。这是一种喂给下层阶级的“骗局”。在一个保守而非自由的国家,私人的主动性取决于特权阶级的存在。只有这样,“看不见的手”才能增加国家的财富。因此,主流经济学家不能轻易宣称亚当·斯密是他们的祖先。马克思主义者也不能把他和主流的劣迹联系起来。对于新自由主义者来说,斯密的祖先更可信。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
0.60
自引率
0.00%
发文量
3
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