Don't Inconvience the Employing/Advising Class

Excuse my generalizations. They are for dramatic effect, but I do think they do possess truth.

The employing and advising classes often cite Adam Smith's work, The Wealth of Nations, as great testamony to laissez-faire economics. The 'invisible hand' of the market should rule. Inequality be damned! If the 'market' says so, it must be the natural and right state of things!

I didnt know Mr. Smith, but I do think he would be disgusted with the use of his name and his work to explain away or legitimize massive inequalities in income.

"Is this improvement in the circumstances of the lower ranks of the people regarded as an advantage or an inconviency? The answer seems at first abundantly plain. Servants, labourers and workmen of different kinds, make up the far greater part of every political society. But what improves the circumstances of the greater pat can never be regarded as an inconviency to the whole." -Adam Smith, Wealth of Nations, Book 1, Chapter 7

Intervention in the 'market' to equalize the accumulation of wealth, or better and less invasive, observation of the freedom of association which would allow workers to raise their wages and thus the wage floor and reduce inequality, could 'never be regarded as an inconvinency."

But it is.

Add this to the fact that our 'conservative' President touts radical change.

The world is on it's head.