General welfare Quote by Adam Smith
““Though those different plans were, perhaps, first introduced by the private interests and prejudices of particular orders of men, without any regard to, or foresight of, their consequences upon the general welfare of the society;””
About This Quote
Source Treatise: The Wealth of Nations, 1776
Economic policies often reflect private interests and gender biases, ignoring broader societal welfare.
In simple terms: Policies can ignore the public good.
Key Takeaway
Consider collective impact when crafting policy.
Themes
economics
ethics
policy
gender
societal welfare
Mood
critical
philosophical
Type
economic
ethical
When to use this quote
- legislation
- business strategy
- community planning
Key Concepts
public choice theory
social justice
institutional bias
Questions to Reflect On
- Who benefits from current policies?
- How to balance private gain with public good?
A Different Perspective
Neglecting equity can lead to systemic inequality.
