If I recall correctly, Smith is attacking labor unions, not capitalists.

Carrol

-----Original Message-----
From: [email protected] 
[mailto:[email protected]] On Behalf Of Louis Proyect
Sent: Sunday, June 14, 2015 12:22 AM
To: Activists and scholars in Marxist tradition; Progressive Economics
Subject: [Pen-l] An observation by Adam Smith

“People of the same trade seldom meet together, even for merriment and 
diversion, but the conversation ends in a conspiracy against the public, or in 
some contrivance to raise prices.”


―-The Wealth of Nations

(Quoted in Edward Jay Epstein's "Hollywood Economics"
_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l


_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l

Reply via email to