What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.
Adam SmithTags: economics adam-smith
(...) his (Adam Smith's) theory of sympathy rejected self-love as the basic motive for behaviour. He also defined virtue as consisting of three elements: propriety, prudence and benevolence. By this he meant propriety or the appropriate control and directing of our affections; prudence or the judicious pursuit of our private interests; and benevolence or the exercise of only those affections that encourage the happiness of others. How poor Adam Smith got stuck with disciples like the market economists and the neo-conservatives is hard to imagine. He is in profound disagreement with their view of society.
(V - From Ideology Towards Equilibrium)
Tags: adam-smith
Like the Founders, the Conservative also recognizes in society a harmony of interests, as Adam Smith put it, and rules of cooperation that have developed through generations of human experience and collective reasoning that promote the betterment of the individual and society. This is characterized as ordered liberty, the social contract, or the civil society.
Mark R. LevinTags: civil-society adam-smith social-contract
Page 1 of 1.
Data privacy
Imprint
Contact
Diese Website verwendet Cookies, um Ihnen die bestmögliche Funktionalität bieten zu können.