Adam Smith, Wealth of Nations

Criticisms of Corporations

Criticisms of Corporations

As Adam Smith pointed out in the Wealth of Nations, when ownership is separated from management (i.e. the actual production process required to obtain the capital), the latter will inevitably begin to neglect the interests of the former, creating dysfunction within the company.[31] Some maintain that recent events in corporate America may serve to reinforce Smith's warnings about the dangers of legally-protected collectivist hierarchies.[32]


Spurgeon Urgent: Old-fashioned Doctrine

We want a revival of old-fashioned doctrine.
I know not a single doctrine which is not at this hour
studiously undermined by those who ought to be its defenders.

There is not a truth that is precious to the soul
which is not now denied by those whose profession it is to proclaim it.
To me it is clear
that we need a revival of old-fashioned gospel preaching
like that of Whitefield and Wesley.


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