Adam Smith Wealth Of Nations Summary
Adam Smith presents an inaccurate view within the Wealth of Nations that most people willingly live a parsimonious lifestyle. Smith clearly lacked the perspective needed to properly access the true nature of those who are left to choose their own lifestyle. Had Adam Smith been able to observe the prodigal environment of the Dupont campus, then his perspective would have undoubtedly been readjusted. Smith’s position throughout the Wealth of Nations is supported by the fact that his society endured much more hardship than today’s society has experienced. Extreme war and other depressions are distant memories in high school textbooks for most of modern society. Adam Smith’s view of perfectly parsimonious individuals remains an inaccurate fallacy
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Smith envisioned the perfect society when constructing his simplistic views outlined in the Wealth of Nations. He wrongly assumed that most members of society are parsimonious, and prefer to conserve rather than spend. However, contemporary culture has experienced a dramatic shift resulting in the prodigal society that consumes Charlotte Simmons. In modern society, it is nearly impossible for parsimonious individuals to integrate themselves into an increasingly diverse setting without being flawed by a prodigal mindset. Charlotte Simmons is raised in a household which represents the epitome of frugality. With a homemade computer and “fancy,” grease-soaked dinners at the Sizzling Skillet, Charlotte was forced to live the parsimonious lifestyle. Contrary to Adam Smith’s theory, Charlotte did not choose this way of life, but was forced into it by her family’s deplorable economic status. Charlotte’s contempt and shame towards the family picnic table where they shared meals was hardly deniable from the outsider’s perspective. Charlotte was never given the chance to experience the luxuries that other students indulged themselves in each day. It is unlikely that Charlotte Simmons would have maintained a modest and parsimonious lifestyle had her family’s economic status been more affluent. Given the choice, Charlotte willingly allows herself to conform to the prodigal lifestyle flaunted by Dupont’s
Smith envisioned the perfect society when constructing his simplistic views outlined in the Wealth of Nations. He wrongly assumed that most members of society are parsimonious, and prefer to conserve rather than spend. However, contemporary culture has experienced a dramatic shift resulting in the prodigal society that consumes Charlotte Simmons. In modern society, it is nearly impossible for parsimonious individuals to integrate themselves into an increasingly diverse setting without being flawed by a prodigal mindset. Charlotte Simmons is raised in a household which represents the epitome of frugality. With a homemade computer and “fancy,” grease-soaked dinners at the Sizzling Skillet, Charlotte was forced to live the parsimonious lifestyle. Contrary to Adam Smith’s theory, Charlotte did not choose this way of life, but was forced into it by her family’s deplorable economic status. Charlotte’s contempt and shame towards the family picnic table where they shared meals was hardly deniable from the outsider’s perspective. Charlotte was never given the chance to experience the luxuries that other students indulged themselves in each day. It is unlikely that Charlotte Simmons would have maintained a modest and parsimonious lifestyle had her family’s economic status been more affluent. Given the choice, Charlotte willingly allows herself to conform to the prodigal lifestyle flaunted by Dupont’s