Limited liability and the wealth of ‘uncivilised nations’: Adam Smith and the limits to the European enlightenment

Goodacre, H. 2010. Limited liability and the wealth of ‘uncivilised nations’: Adam Smith and the limits to the European enlightenment. Cambridge Journal of Economics. 34 (5), pp. 857-867. https://doi.org/10.1093/cje/beq007

TitleLimited liability and the wealth of ‘uncivilised nations’: Adam Smith and the limits to the European enlightenment
AuthorsGoodacre, H.
Abstract

This paper questions the adequacy of the categories of analysis deployed by Adam Smith to serve as a basis for a progressive critique of corporate power at the ‘open economy’ level, arguing that if a critique of the principle of limited liability and other aspects of the undue influence of corporate power today is to acquire a truly global character, then it must avoid becoming confined within the intellectual horizons of the age of the European commercial and colonial empires, and should instead contribute towards constructive interaction between a diversity of intellectual, institutional and cultural traditions.

JournalCambridge Journal of Economics
Journal citation34 (5), pp. 857-867
ISSN0309-166X
Year2010
PublisherOxford University Press
Digital Object Identifier (DOI)https://doi.org/10.1093/cje/beq007
Publication dates
Published2010

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