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Originally conceived in a moral context halfway through the 16th century, the idea was then taken over by the world of commercial law in exactly the form it had been employed theologically. Surprisingly, though, after doing the rounds for over a century, it then disappeared without trace. This book will look at how Adam Smith revived and recharged the idea. He applied it in The Wealth of Nations (1776) to the conflict of interest between employers and workers in the attempt to break the stranglehold of the artificial compression of wages to minimum subsistence level. After Smith, the freshly revived idea went underground again for another half-century until, in the 1820s, it assumed a front-row position in the newborn liberal political economics. This book will look at how, in the framework of the debate over the repeal of the Combination Laws, the idea was dusted down and put back in the fight, having first been stripped it off its moral clothes and dressed instead in the new robes of economic pragmatism.
Originally conceived in a moral context halfway through the 16th century, the idea was then taken over by the world of commercial law in exactly the form it had been employed theologically. Surprisingly, though, after doing the rounds for over a century, it then disappeared without trace. This book will look at how Adam Smith revived and recharged the idea. He applied it in The Wealth of Nations (1776) to the conflict of interest between employers and workers in the attempt to break the stranglehold of the artificial compression of wages to minimum subsistence level. After Smith, the freshly revived idea went underground again for another half-century until, in the 1820s, it assumed a front-row position in the newborn liberal political economics. This book will look at how, in the framework of the debate over the repeal of the Combination Laws, the idea was dusted down and put back in the fight, having first been stripped it off its moral clothes and dressed instead in the new robes of economic pragmatism.
Traces the history of the theories applying the principle of fighting fire with fire to market dynamics
Illustrates the relevance of recourse to the right of resistance for conceiving the self-sufficiency of the market
Focuses on the moral and political solution of letting monopolistic conspiracies neutralise each other
Chapter 1. Introduction.- Chapter 2. Adam Smith, Workers' Rights and the Political Side of the Market.- Chapter 3. Monopoly versus Monopoly.- Chapter 4. Against the Current.- Chapter 5. Who's Afraid of Giants?.
| Erscheinungsjahr: | 2020 |
|---|---|
| Genre: | Politikwissenschaften |
| Rubrik: | Wissenschaften |
| Medium: | Buch |
| Seiten: | 168 |
| Inhalt: |
viii
157 S. 1 s/w Illustr. 157 p. 1 illus. |
| ISBN-13: | 9783030378011 |
| ISBN-10: | 3030378012 |
| Sprache: | Englisch |
| Ausstattung / Beilage: | HC runder Rücken kaschiert |
| Einband: | Gebunden |
| Autor: | Rosolino, Riccardo |
| Auflage: | 1st ed. 2020 |
| Hersteller: |
Springer International Publishing
Springer International Publishing AG |
| Maße: | 216 x 153 x 14 mm |
| Von/Mit: | Riccardo Rosolino |
| Erscheinungsdatum: | 26.02.2020 |
| Gewicht: | 0,338 kg |
Traces the history of the theories applying the principle of fighting fire with fire to market dynamics
Illustrates the relevance of recourse to the right of resistance for conceiving the self-sufficiency of the market
Focuses on the moral and political solution of letting monopolistic conspiracies neutralise each other
Chapter 1. Introduction.- Chapter 2. Adam Smith, Workers' Rights and the Political Side of the Market.- Chapter 3. Monopoly versus Monopoly.- Chapter 4. Against the Current.- Chapter 5. Who's Afraid of Giants?.
| Erscheinungsjahr: | 2020 |
|---|---|
| Genre: | Politikwissenschaften |
| Rubrik: | Wissenschaften |
| Medium: | Buch |
| Seiten: | 168 |
| Inhalt: |
viii
157 S. 1 s/w Illustr. 157 p. 1 illus. |
| ISBN-13: | 9783030378011 |
| ISBN-10: | 3030378012 |
| Sprache: | Englisch |
| Ausstattung / Beilage: | HC runder Rücken kaschiert |
| Einband: | Gebunden |
| Autor: | Rosolino, Riccardo |
| Auflage: | 1st ed. 2020 |
| Hersteller: |
Springer International Publishing
Springer International Publishing AG |
| Maße: | 216 x 153 x 14 mm |
| Von/Mit: | Riccardo Rosolino |
| Erscheinungsdatum: | 26.02.2020 |
| Gewicht: | 0,338 kg |
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