“No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.”
- Source
- The Wealth of Nations
- Date
- 1776
Meaning of “No society can surely be flourishing and happy,…”
Smith rejects judging a society as broadly prosperous when the majority of the people who sustain it remain poor and unable to live tolerably well.
Where does it come from?
The Wealth of Nations, Book I, Chapter VIII, “Of the Wages of Labour,” Project Gutenberg #3300. Smith follows this sentence by arguing that workers who feed, clothe and lodge society should receive enough of the produce of their labour to be tolerably well fed, clothed and lodged.