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comment by kleinbl00
kleinbl00  ·  2443 days ago  ·  link  ·    ·  parent  ·  post: Why ‘Net Neutrality’ Is Nothing More Than Corporate Power Grab

It sounds like Republican Adam Smith, the guy the Right invented so they wouldn't have to acknowledge that Smith wanted market interventions minimized, not eliminated.

    To widen the market and to narrow the competition, is always the interest of the dealers…The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men, whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it.

- Wealth of Nations, pp. 267





StillWaters  ·  2443 days ago  ·  link  ·  

Ah, Republican Adam Smith - hadn't heard of him but that makes sense.

I assume it is RAS who thinks Citizen United is a good idea, because the original Adam Smith expressed great concern of the Parliamentarians being influenced by dealers and corporations, warning it would undermine the Free Market, the government and society.

kleinbl00  ·  2443 days ago  ·  link  ·  

StillWaters  ·  2442 days ago  ·  link  ·  

Hehe, love it! And I'm surprised I haven't seen it before.

Over on reddit I used to tease obnoxious Republican supporters by highlighting how anti-capitalism the current Republicans are. It is surprising how few of them were familiar with Adam Smith's philosophy.

Sometimes I teased them also on the Jesus element, but that quickly became too emotional.