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Every man, as long as he does not violate the laws of…

“Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and capital into competition with those of any other man, or order of men.” quote by Adam Smith
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““Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and capital into competition with those of any other man, or order of men.””

Adam Smith

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Individuals may freely pursue personal interests and compete, provided they respect justice laws.

In simple terms: Freedom to compete within law.

Key Takeaway

Respect law, pursue interests.

Themes

freedom competition justice economics

Mood

thoughtful analytical

Type

philosophical economic

When to use this quote

  • entrepreneurship
  • investment
  • business competition
  • policy making

Key Concepts

liberalism market theory property rights

Questions to Reflect On

  • How does competition shape society?
  • When does regulation become necessary?
A Different Perspective

May overlook power imbalances and externalities.

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