1. Public Welfare - Leviathan and The Wealth of Nations
Within the narrower context of modern economics in The Wealth of Nations (1776), Adam Smith confirms Hobbes's idea that self-interest could indeed serve public welfare. ... This embodiment supports Hobbes's argument that society exists to serve the ends of self-interest. ... Hobbes underscores the importance of authority and introduces a set of "natural laws" as means of moderation. ... In Engels' account, English government clearly does not serve such purpose. ... Then, why is there still a government? ...
- Word Count: 1845
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate