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Posts tagged economics

Oct 3 '12

Economist Adam Smith hated free markets:  "Division of Labor is monstrous because it turns people into creatures as stupid and ignorant as a person can possibly be.  A person just becomes a machine, a terrible attack on fundamental human rights.

Therefore, in any civilized society, the government must intervene to prevent the division of labor.”

8 notes Tags: noam chomsky economics elections obama romney ron paul adam smith

Sep 15 '12
New spirit of the Age: Gain wealth, forgetting all but self.
— Lowell Mill Girls,  The year 1836

1 note Tags: wage slavery economics wealth