this post was submitted on 15 Jan 2025
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Funny enough, in the essay Adam Smith's Socialism, the author analyzes what Smith's prediction of Socialism would look like had he been a Socialist, with his own analysis of Capitalism. Kind of a "what if?" Scenario.
Nice, I'm gonna read that soon. I do know that Adam Smith explicitly agreed with the labor theory of value, which all the capitalist economics schools reject despite venerating him.
It's a fun article! Said writer also has cool articles like analyzing Quantum Mechanics alongside Dialectical Materialism, and their articles were very helpful in my coming to understand Socialism in general. Probably going to revisit their article on Fiat currency now that I am working my way through Capital over on Hexbear.