Adam Smith cannot be said to have constructed the capitalist system. What he did was provide the logic of a level ground of economic rights upon which free enterprise could be built more easily.
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Adam Smith: the father of capitalism ... and one of its fiercest critics
American satirist PJ O�Rourke is in Edinburgh this week to address a pensions conference. In this extract from his acclaimed new book on Adam Smith, the �awed admirer� of the Scottish Enlightenment reveals the truth about Kirkcaldy�s greatest son
