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adam smith
Title: adam smith
Category: History
Details: Words: 2530 | Pages: 10.8 (approximately 235 words/page)
adam smith
Liberty: Adam Smith and Alexis de Tocqueville
Both Adam Smith and Alexis de Tocqueville agree that an individual is
the most qualified to make decisions affecting the sphere of the
individual as long as those decisions do not violate the law of justice.
>From this starting point, each theorist proposes a role of government
and comments on human nature and civil society. Smith focuses on
economic liberty and the ways in which government can repress …showed first 75 words of 2530 total…
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…showed last 75 words of 2530 total…power of the market and for a
laissez-faire governmental policy. Unfortunately, his theory fails to
account for the societal problems such as maintenance of the poor.
Alexis de Tocqueville's theory uses the same considerations of
individual rights and self-interested motives, but examines more closely
the societal institutions which can balance governmental action. He
therefore relegates a larger role to government which includes a duty to
take care of its members through legislation aimed at liberty.
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