The meanings of welfare and liberty changed significantly from the revolutionary era to the present. How did Adam Smith’s ethically-based concept of liberty come to be replaced with a no-holds-barred free market?
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Adam Smith argued for fair treatment for all classes. This essay is also an argument for fairness. And it is an argument for a fair social contract not just for our generation, but for generations yet to be born.
At the heart of the Negotiating the Social Contract theme is the central question, “What do we owe each other?”