Adam Smith

Cornwallis's 1781 surrender at Yorktown, where American soldiers sang the British Revolutionary song 'The World Turned Upside Down' as the British laid down their arms. All references to Smith’s *Wealth of Nations* in what follows are to the two volume edition edited by R.H. Campbell and Andrew Skinner (Oxford: Oxford University Press, 1976). References will be provided in the text in brackets. “By exposing the historical necessity that had brought capitalism into being, political economy became the critique of history as a whole” —Theodor W. [Read More]