IDEAS home Printed from https://ideas.repec.org/a/cpo/journl/y2007i52p31-56.html
   My bibliography  Save this article

Le Suffrage Et Le Marché Dans La Richesse Des Nations

Author

Listed:
  • Daniel DIATKINE

Abstract

Most of the readers of the Wealth of Nations knew that the relations between Smith and economic liberalism are rather distant. Here, those relations are studied from the point of view of Smith's criticism of mercantile system. The mercantile system is inefficient and generates a rate of growth slower than the rate of growth generated by the system of natural liberty. However, the more decisive attack against the mercantile system is a political one. For Smith, the vote of taxation (the trust in the State) was a condition of the positive rate of growth. However the mercantile system itself is the result of the relations between government and merchants, and implies war and increasing public debt. The fatal consequence is public bankruptcy and the end of this relation of confidence in the State.

Suggested Citation

  • Daniel DIATKINE, 2007. "Le Suffrage Et Le Marché Dans La Richesse Des Nations," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 52, pages 31-56.
  • Handle: RePEc:cpo:journl:y:2007:i:52:p:31-56
    as

    Download full text from publisher

    File URL: http://www.cairn.info/acheter_article.php?ID_ARTICLE=CEP_052_0031
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cpo:journl:y:2007:i:52:p:31-56. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Carlos Andrés Vasco Correa (email available below). General contact details of provider: http://www.cahiersdecopo.fr/fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.