Fit and Proper Persons

No one is more dangerous than the man who thinks that it is his destiny to direct things for the common good.

1776

Introduction

The revolutionary Scottish philosopher Adam Smith did not like to hear politicians speaking of managing the national economy ‘for the common good’. Leaving ordinary people to manage their own affairs was, he said, far more beneficial to society at large, and much less of a temptation to susceptible politicians.

abridged

EVERY individual necessarily labours 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. 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. […]

The statesman, who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.

abridged

From ‘Wealth of Nations’ IV.2, by Adam Smith (1723-1790).
Précis
Adam Smith complained bitterly about politicians who claim that they should be allowed to manage the national economy ‘for the public good’ – the worst offenders being precisely those who are convinced that they can be trusted to do so. Private individuals managing their own affairs, he said, actually do more good for society by accident than governments do by policy.
Questions for Critics

1. What is the author aiming to achieve in writing this?

2. Note any words, devices or turns of phrase that strike you. How do they help the author communicate his ideas more effectively?

3. What impression does this passage make on you? How might you put that impression into words?

Based on The English Critic (1939) by NL Clay, drawing on The New Criticism: A Lecture Delivered at Columbia University, March 9, 1910, by J. E. Spingarn, Professor of Comparative Literature in Columbia University, USA.

Sevens

Suggest answers to this question. See if you can limit one answer to exactly seven words.

According to Smith, how can private individuals best serve the interests of society at large?

Suggestion

By continuing to pursue their own interests.

Jigsaws

Express the ideas below in a single sentence, using different words as much as possible. Do not be satisfied with the first answer you think of; think of several, and choose the best.

Private individuals labour in their own interest. Few ask if society benefits. Society does benefit.

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