Branches Quote by Adam Smith
“The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.”
About This Quote
Source Treatise: The Wealth of Nations, 1776
Dealers prioritize profit and market control, often opposing public interest.
In simple terms: Dealers seek profit, sometimes against public good.
Balance profit motives with public welfare.
Themes
Mood
Type
When to use this quote
- business strategy
- policy making
- consumer advocacy
Key Concepts
Questions to Reflect On
- How can regulation align dealer and public interests?
- What ethical frameworks guide fair trade?
Profit motives can conflict with societal needs.