Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Get detailed answers to your questions from a community of experts dedicated to providing accurate information. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

As every individual, therefore, endeavors as much as he can both to employ his capital in the support of domestic industry, and so to direct that industry that its produce may be of the greatest value; every individual necessarily labors to render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest, he frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good. It is an affectation, indeed, not very common among merchants, and very few words need be employed in dissuading them from it.
Why did Adam Smith believe it was better to pursue personal interests, rather than the general interest of a society?

As Every Individual Therefore Endeavors As Much As He Can Both To Employ His Capital In The Support Of Domestic Industry And So To Direct That Industry That Its class=

Sagot :

We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.