1. Wonderful World
... mankind. Generally people want to turn a profit and will engage in whatever industry will yield the most profit. Traditionally, people do not perform tasks out of some altruistic need to serve the public, but rather out of self-interest. Smith elaborates on this when he notes, "It is not from benevolence of the butcher, or the baker that we expect our ... : a community activated by self-interest would be a community of ruthless profiteers- (Pg 55). It is at this point that Smith further elucidates the other mechanisms built into the market that serve to keep it in check. Smith demonstrat...
- Word Count: 1956
- Approx Pages: 8