Sorry to be pedantic, but what does Adam Smith have to do with neoliberal capitalism? Something tells me this guy has zero idea about what he’s talking about.
Adam Smith as the "founder of capitalism" is like Columbus discovering America, it is just simply a pop culture reference that nobody cares to correct at this point. So this is no more extraordinary than Americans that can't point to Afghanistan, Iraq, Iran etc on the map.
But I think it is also possible that this is a deliberate tactic because neoliberals are all alive and ruling today, by shifting the blame to someone dead over 200 years ago maybe they hope to convince people that it is Adam Smith's fault and not the people in Wall Street or the Fed.
It is one thing to say things are bad or getting worse, it is another thing to start pointing fingers. It is quite possible he knows exactly what he is doing actualy.
Adam Smith as the "founder of capitalism" is like Columbus discovering America, it is just simply a pop culture reference that nobody cares to correct at this point. So this is no more extraordinary than Americans that can't point to Afghanistan, Iraq, Iran etc on the map.
But I think it is also possible that this is a deliberate tactic because neoliberals are all alive and ruling today, by shifting the blame to someone dead over 200 years ago maybe they hope to convince people that it is Adam Smith's fault and not the people in Wall Street or the Fed.
It is one thing to say things are bad or getting worse, it is another thing to start pointing fingers. It is quite possible he knows exactly what he is doing actualy.
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