Adam Smith Against "Markets in Everything"

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Following from this, in a particularly insightful portion of the book, Weinstein completely discredits any purely economic reading of Smith. He contends that “life is not a marketplace” for Smith. Instead, “it is often familial, pedagogical, spiritual, and natural; it is only sometimes commercial.” Competition and self-interest were means to an end, not ends in themselves. Rather, Weinstein sees the healthy notion of harmony as the most dominant ideal running through Smith’s philosophy.