rich and powerful mobilization

Marta Russell ap888 at lafn.org
Sat Apr 17 22:48:17 PDT 1999


Thanks Michael, I got my quote from the George Seldes "The Great Quotations." It seems that it is not direct from Smith's book. Hmmmmmm Marta

Michael Perelman wrote:


> Smith, Wealth of Nations, I.x.c.27, p. 145 "People of the same trade
> seldom meet together, even for merriment and diversion, but the
> conversation ends in a conspiracy against the publick, or in some
> contrivance to raise prices. It is impossible to prevent such meetings,
> by any law which either could be executed, or would be consistent with
> liberty and justice. But though the law cannot hinder people of the same
> trade from assembling together, it ought to do nothing to facilitate such
> assemblies."
>
> Marta Russell wrote:
>
> > The political economy truism that the rich and powerful mobilize state
> > power to serve their interests was formulated by Adam Smith.
> >
> > Does anyone know readily (easily) where I can find this quote:
> >
> > People of the ame trade seldom meet together but the conversation ends
> > ina consipiracy against the public, or in some diversion to raise
> > prices.
> >
> > Marta Russell
>
> --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA 95929
>
> Tel. 530-898-5321
> E-Mail michael at ecst.csuchico.edu

-- Marta Russell author, Los Angeles, CA Beyond Ramps: Disability at the End of the Social Contract http://www.commoncouragepress.com/ramps.html



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