Adam Smith Portrait

"No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable."

— Adam Smith

No Society Can Surely Be Flourishing

No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.

— Adam Smith

About this quote

From The Wealth of Nations (1776), Book I, Chapter 8, in Smith's analysis of the wages of labor. Smith argued that a national economy cannot be considered truly prosperous if the majority of its population cannot afford a decent standard of living. The passage was later cited by social reformers and labor advocates as a foundational argument for workers' rights.

Source

The Wealth of Nations, Book I, Chapter 8 (1776)