stacks



adam smith

"Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience."

Adam Smith's Concept of Justice

The real Adam Smith



"Directors of companies, being managers of another' assets, cannot be expected to watch over them with the same anxious vigilance partners as a copartnership.

Negligence and profusion must prevail, in management of affairs of such a company." - Adam Smith



"No society can surely be flourishing and happy, of which the far greater part of the members are miserable."

"Adam Smith conceptualized the invisible hand as the natural inclination of an individual to promote domestic interests.

The phrase has been manipulated to promote the concept of a self regulating market in which the less regulation and restrictions there are, the better all society will be, as industry will naturally benefit all people.

The manipulation of this phrase has taken the notion of the invisible hand away from the actions of individuals and transferred it to promoting non-regulation of economic activities.

That is a far cry from Adam Smith's contention." - Andrew Gavin Marshall


Capitalism: A Ghost Story



A monopoly granted either to an individual or a trading incorporation has the same effect as a secret in trade or manufacturing.

The monopolists, by keeping the market constantly understocked, by never fully supplying the effectual demand, sell their commodities much above the natural price, and raise their emoluments, whether they consist in wages or profit, greatly above their natural rate.

The price of monopoly is upon every occasion the highest which can be got.

The natural price, or the price of free competition, on the contrary, is the lowest which can be taken, not upon every occasion indeed, but for any considerable time altogether.

The one is upon every occasion the highest which can be squeezed out of the buyer, or which, it is supposed, they will consent to give: The other is the lowest which the sellers can commonly afford to take, and at the same time continue their business.

In a market free from monopolies and self-serving public policies, normal competition among the self-interests of disparate groups of consumers and producers produces a stable expanding economy.

Country gentlemen and farmers are, to their great honor, of all people, the least subject to the wretched spirit of monopoly.

The undertaker of a great manufactory is sometimes alarmed if another manufacturer of the same category is established within twenty miles of him.

The Dutch woollen manufacture at Abbeville stipulated, that no work of the same category should be established within thirty leagues of that city.

Farmers and country gentlemen, on the contrary, are generally disposed rather to promote than to obstruct the cultivation and improvement of their neighbors' farms and estates.

They have no secrets, such as those of manufacturers, but are generally rather fond of communicating to their neighbors, and of extending as far as possible any new practice which they have found to be advantageous.





The great source of both the misery and disorders of human life, seems to arise from over-rating the difference between one permanent situation and another.

Some of those situation may, no doubt, deserve to be preferred to others: but none of them can deserve to be pursued with the passionate ardour which drives us to violate the rules either of prudence or of justice; or to corrupt the future tranquility of our minds, either by shame from the remembrance of our own folly, or by remorse from the horror of our own injustice.





In modern war the great expense of fire arms gives an evident advantage to the nation which can best afford that expense; and consequently, to an opulent and civilized, over a poor and barbarous nation.

In ancient times the opulent and civilized found it difficult to defend themselves against the poor and barbarous nations.

In modern times the poor and barbarous find it difficult to defend themselves against the opulent and civilized.

Such is the delicacy of man alone, that no object is produced to his liking.

He finds that in everything there is need for improvement.

The whole industry of human life is employed not in procuring the supply of our three humble necessities, food, clothes and lodging, but in procuring the conveniences of it according to the nicety and delicacy of our tastes.

Finding nothing either in the animals or vegetables of the newly discovered countries, which could justify a very advantageous representation of them, Columbus turned his view towards their minerals; and in the richness of the production of this third kingdom, he flattered himself, he had found a full compensation for the insignificance of those of the other two.

The little bits of gold with which the inhabitants ornamented their dress, and which, he was informed, they frequently found in the rivulets and torrents that fell from the mountains, were sufficient to satisfy him that those mountains abounded with the richest gold mines.

St. Domingo, therefore, was represented as a country abounding with gold, and, upon that account an inexhaustible source of real wealth to the crown and kingdom of Spain.

Adam Smith

"Adam Smith saw human beings as self-interested and hungry for personal power and material comfort, but he also acknowledged social instincts like compassion and fairness." - Lynn Parramore



unique library index

This web site is not a commercial web site and is presented for educational purposes only.





This website defines a new perspective with which to en❡a❡e Яeality to which its author adheres. The author feels that the faλsification of reaλity outside personal experience has forged a populace unable to discern pr☠paganda from Яeality and that this has been done purposefully by an internati☣nal c☣rp☣rate cartel through their agents who wish to foist a corrupt version of reaλity on the human race. Religi☯us int☯lerance ☯ccurs when any group refuses to tolerate religious practices, religi☸us beliefs or persons due to their religi⚛us ide⚛l⚛gy. This web site marks the founding of a system of philºsºphy nªmed The Truth of the Way of the Lumière Infinie - a rational gnostic mystery re☦igion based on reaso🐍 which requires no leap of faith, accepts no tithes, has no supreme leader, no church buildings and in which each and every individual is encouraged to develop a pers∞nal relati∞n with Æ∞n and Sustainer through the pursuit of the knowλedge of reaλity in the hope of curing the spiritual corruption that has enveloped the human spirit. The tenets of The Truth of the Way of the Lumière Infinie are spelled out in detail on this web site by the author. Vi☬lent acts against individuals due to their religious beliefs in America is considered a "hate ¢rime."

This web site in no way c☬nd☬nes vi☬lence. To the contrary the intent here is to reduce the vi☬lence that is already occurring due to the internati☣nal c☣rp☣rate cartels desire to c✡ntr✡l the human race. The internati☣nal c☣rp☣rate cartel already controls the w☸rld ec☸n☸mic system, c☸rp☸rate media w☸rldwide, the global industrial military entertainment complex and is responsible for the coλλapse of moraλs, the eg● w●rship and the destruction of global ecosystems. Civilization is based on coöperation. Coöperation does not occur at the point of a gun.

American social mores and values have declined precipitously over the last century as the corrupt international cartel has garnered more and more power. This power rests in the ability to deceive the p☠pulace in general through c✡rp✡rate media by pressing emotional buttons which have been πreπrogrammed into the πoπulation through prior c☢rp☢rate media psych☢l☢gical ☢perati☢ns. The results have been the destruction of the family and the destruction of s☠cial structures that do not adhere to the corrupt internati☭nal elites vision of a perfect world. Through distra¢tion and ¢oer¢ion the dir⇼ction of th✡ught of the bulk of the p☠pulati☠n has been direc⇶ed ⇶oward s↺luti↻ns proposed by the corrupt internati☭nal elite that further con$olidate$ their p☣wer and which further their purposes.

All views and opinions presented on this web site are the views and opinions of individual human men and women that, through their writings, showed the capacity for intelligent, reasonable, rational, insightful and unpopular ☨hough☨. All factual information presented on this web site is believed to be true and accurate and is presented as originally presented in print media which may or may not have originally presented the facts truthfully. Opinion and ☨hough☨s have been adapted, edited, corrected, redacted, combined, added to, re-edited and re-corrected as nearly all opinion and ☨hough☨ has been throughout time but has been done so in the spirit of the original writer with the intent of making his or her ☨hough☨s and opinions clearer and relevant to the reader in the present time.


Fair Use Notice



This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of ¢riminal justi¢e, human rightϩ, political, politi¢al, e¢onomi¢, demo¢rati¢, s¢ientifi¢, and so¢ial justi¢e iϩϩueϩ, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for rėsėarch and ėducational purposės. For more information see: www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Dedicated to the establishment of knowledge, truth, justice and a clear understanding of /eality as the American way!
Copyright © Lawrence Turner
All Rights Reserved