Transcript with references:
In the West, Adam Smith is considered to be the ‘father of economics’. He is ‘revered’ both by Western academics and in Western popular culture and government, particularly within the ‘citadel of the international right wing’, Washington, D.C.
As noted by Canada’s leading intellectual, John Ralston Saul, adherents to Washington’s “neo-conservative/neo-liberal” ideology treat Adam Smith as their version of a god, ‘worshiping’ and enforcing their professed faith in him around the world through militancy and terror. Most of the writers, leaders, and philosophers murdered globally, Ralston Saul points out, are killed by these Western fundamentalists and the extremist proxy regimes and militant groups they train, install, and prop up.
In addition to assassinating or jailing ‘dissident’ writers and thinkers, Washington runs reeducation camps, both domestic and international, to force its extremist interpretations of Smith upon anyone within its grasp, largely focusing on vulnerable young people.
However, Smith’s work, in reality, is very little read. What is known are largely snippets and sound-bites, and even these are taken out of context and perverted, often to justify doing the opposite of what Smith actually calls for. While Western oligarchs hide behind Smith’s works in the same way that others hide behind books like the Bible, Smith, in reality, was highly critical of oligarchs, noting that they would conspire to falsify markets and ensure that their own self-interest was always ‘most peculiarly attended to’, regardless of the cost to others. Smith was also a harsh critic of free capital flow, pointing out that it would destroy nations, and he was even opposed to division of labor, which he said would be a major violation of human rights and therefore governments would have to intervene to prevent it.
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