Adam Smith Thought

Enlightened Self-Interest
Adam Smith Thought believes in a concept called Enlightened Self Interest, or the Invisible Hand of Capitalism. This means that people will always act in their own self-interest, but the most intelligent, and thus successful (see 1.2) among us will act in ways that advance their interests while still allowing for others to assist as a debt of gratitude for assistance given by the successful ones.

The Wealth of Nations
Adam Smith Thought believes that the reason for certain people's success over others is their work ethic, and this principle extends to entire nations. He thought that the Romans were the most efficient and hardest-working civilization ever and that their collapse was from decadence, allowing for harder-working Germanic tribes to destroy them. After Rome, he believed that Britain was its natural successor, being able to build a great navy and take over much of the known world with it.

Early Social Darwinism
Adam Smith Thought believes that the "Work Ethic of a People" isn't defined by culture or trends in behavior, but rather that certain races simply were hard-wired to work harder than others, and that justified colonialism, as it forced the "lesser races" to increase their working speed. The Roman race was hard-working, and passed their traits to the English, before having their own diluted by the Germans. The English then influenced races around the world, and Smith projected that after the fall of Britain, India would take hold as the next great race.

Markets
Adam Smith Thought believes that the best method of distributing goods is via the market mechanism. He believed that markets should be localized to specific towns, and not expand much beyond that in order to best serve individual people.

Classical Liberalism
Adam Smith Thought believes that one can not have "economic freedom" without personal freedoms, such as speech, religion, and weapons.

Parliamentary Liberal Democracy
Adam Smith Thought believed that the best method of running a government was through parliamentary liberal democracy, a method seen in the first and second French Republics.

Constitutional Monarchy
Adam Smith Thought believed that a society could not truly function without a long-running, powerful yet restricted figurehead. This manifests in a call for a constitutional Monarchy, which was well on its way in Britain at the time.

The Theory of Moral Sentiments
The Theory of Moral Sentiments is a book written by Adam Smith, first published in 1759. It is considered the first major work on moral philosophy and is often cited as one of the most influential works in Western literature. The book argues that moral thought and action are derived from our human nature and our ability to sympathize with others, rather than from religious or political doctrine.

Smith's arguments are based on the view that human beings are social creatures, endowed with innate feelings of sympathy and benevolence. He believes that our natural instincts drive us to care for others and to seek their approval, which in turn leads to the development of moral principles and values. Smith argues that this process of moral development is not dictated by any particular set of rules, but rather emerges out of our natural inclinations towards benevolence and mutuality.

One of the main themes of the book is the idea of an impartial spectator, which is an imaginary observer who serves as a model of moral judgment. This concept is central to Smith's theory of moral sentiments, as he believes that we are constantly judging our own actions and those of others based on how they are perceived by this imaginary spectator. By trying to put ourselves in the position of this impartial observer, we are able to objectively evaluate our own behavior and make moral judgments that are fair and just.

Another important theme in the book is the concept of self-interest, which Smith sees as a necessary and positive force in society. He argues that individuals pursuing their own self-interest can actually benefit society as a whole, as their actions may lead to increased productivity and innovation. However, Smith also recognizes the potential for self-interest to become destructive, and advocates for the importance of morality in regulating self-interested behavior.

In conclusion, The Theory of Moral Sentiments is a groundbreaking work that continues to influence moral philosophy and political theory to this day. Smith's emphasis on the importance of human nature, sympathy, and the impartial spectator have had a lasting impact on the field, and his ideas continue to shape our understanding of morality and social behavior. The book provides a compelling argument for the need to balance self-interest with social responsibility, and serves as a reminder of the potential for human beings to act with compassion and benevolence towards one another.

Wealth of Nations
The Wealth of Nations is a groundbreaking book that was published in 1776 by Adam Smith. This book is often regarded as the foundation of modern economics and has had a profound impact on the way we think about trade, commerce, and capitalism.

The central idea of the Wealth of Nations is that the wealth of a nation is determined by the production and exchange of goods and services. Smith argues that individuals, acting in their own self-interest, will create a market economy that is beneficial to all. Smith believed that when individuals pursue their own interests, they will naturally produce goods and services that are in demand, leading to economic growth and prosperity.

One of the key concepts in this book is the division of labor. Smith recognized that by breaking down the production process into smaller tasks, individuals could specialize in their work and become more efficient. This, in turn, would result in greater productivity and lower costs, leading to greater wealth for a nation.

Another important concept in the Wealth of Nations is the idea of free markets. Smith believed that when markets are free from government intervention, prices will be set by supply and demand, resulting in efficient allocation of resources and the greatest possible prosperity.

Despite the tremendous impact that the Wealth of Nations has had on economic theory, there are also criticisms of Smith’s ideas. Some argue that his focus on self-interest and free markets ignores the importance of social welfare and environmental concerns. Others argue that Smith’s vision of a perfect market system is not possible in the real world, as external factors can distort the market and lead to inefficiencies.

Nevertheless, the Wealth of Nations remains an important and influential book that has shaped our understanding of economics and capitalism. Smith’s ideas of the market economy, the division of labor, and free markets have played a central role in the development of modern economic theory and continue to be studied and debated today.

Personality
Often calls other balls lazy. Hates feudalists, and other market conservatives, while being baffled by the concept of a command economy. Refuses to believe that countries without "Roman Traits" are successful.

How to Draw
1. Draw a Ball 2. Color the top third white (#fafafa), the middle third yellow (#fed664), and the bottom third blue (#156acf) 3. Draw a circle 4. Fill it with red (#ffffff) 5. Draw the shape of a shield 6. Color a stripe at the top periwinkle (#d1aef1) 7. Draw a stick figure with a green head (#84c697), yellow body (#fed664), and blue limbs (#156acf). 8. Draw a dotted black (#000304) circle around the white circle. 9. Done

Friends

 * [[File:RomanPag.png]] Romans - Creators of culture, and the first truly efficient race. It's truly a shame you fell into decadence.

Neutral

 * [[File:Monarch.png]] - While I do think a hereditary figurehead is important, I also believe that having total control is taking it too far.

Enemies

 * [[File:Feud.png]] - Stay away, impedor of progress! You are the harbinger of a lack of economic and personal freedom!