Adam Smith Vs Bernard Mandeville

1971 Words 8 Pages
The pre-industrial era was one of new lands, new wealth, and new ideas. It was a time where growth seemed not only sustainable, but rather necessary and admirable. That being the case, many an author sought to understand this new growth, to make it applicable to the their fellow citizenry, to guide the thoughts of those around them in the way they saw best fit for the benefit of society. Through these various thought experiments, our authors came to manifest seemingly radical notions of wealth and self-governance. Two of those who sought to tackle such topics were the prodigal Adam Smith and the lesser-known Bernard Mandeville. Each of these men sought to guide the will of their fellow citizens in terms of his or her use of their profits. Though both of the …show more content…
When thinking of a citizen’s propensity towards excess in monetary gains, which we refer to as profit, Bernard Mandeville saw luxury spending as a form of great and equalizing, redistribution of profit. He believed such spending was a means to express this wealth upon society. Mandeville claims that in his time,

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