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2 October, 07:38

How is smith both praiseworthy and suspicious of businessmen's ability to serve the public good?

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  1. 2 October, 10:37
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    While a great many people imagine that Adam Smith's book, The Wealth of Nations is entirely expert business, it truly is definitely not. It is supportive of free undertaking and of rivalry between organizations, however it doesn't contend that specialists themselves will need to do what is best for society.

    To Smith, specialists do profit society in imperative ways. In particular, they make society wealthier. They do this by collecting capital and putting it to use in the economy.
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