Adam Smith, the principal philosophical advocate of capitalism, believed that
merchants and manufacturers were best qualified to rule mankind.

Question

Quizplus · Accepted Answer

Although Adam Smith was a proponent of capitalism, he believed in the idea of the "invisible hand" where individuals pursuing their own self-interest would ultimately benefit society as a whole. He did not advocate for merchants and manufacturers to rule over others.

Adam Smith, the Principal Philosophical Advocate of Capitalism, Believed That