I had a very difficult time
understanding this reading. The main idea that I got from the reading was Smiths
belief that the government is ultimately able to run itself when left with substantial
freedom however, is
threatened by monopolies, tax preferences, lobbying groups, and other privileges
that are given to some people but not others. I thought this was one of the
major points that Smith was trying to make but I honestly don’t think I know
enough about politics to be able to say whether or not I agree with this idea
of his. It seems as though it makes sense that the government is capable of running
itself just by people making money and spending money, keeping things in some
sort of regulation but at the same time I don’t think people would be able to
keep the government in any sort of order without the other things we have in
place today such as laws and higher officials that take charge.
I had a hard time with this reading as well. I don't know enough about politics to argue either way with subjects like this. Its frustrating to form an opinion on something you don't know or understand.
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