ABSTRACT
Part 3, Chapter 7. Detailed contents: 7.1 Introduction. 7.1.1 Smith as economic system builder. 7.1.2 Are there laws for human society harmony? 7.2 Reinstating Aristoteles’s theory of commodity money and value. 7.3 Work as commodity and standard of value (expressed in money). 7.4 Manufacturing/mercantile society to Smith. 7.4.1 Class-based society established upon wages, profits and rents. 7.4.2 Altering the concept of capital to explain wealth creation. 7.4.3 Interactions of agents in a productive system. 7.5 Smith as a non-supporter of a self-regulating market (laissez-faire). 7.6 Economic system’s difficulty of capturing production beyond money. 7.7 Conclusion.
