Adam Smith published Wealth of Nations in 1776, an apt enough prologue for a certain declaration signed that very year.
Smith is the theorist who coined an immortal metaphor: the invisible hand
Does it matter that Smith was virulently racist?
Excerpts from The Wealth of Nations:
Such nations, however, are so miserably poor, that, from mere want, they are frequently reduced […] to the necessity sometimes of directly destroying, and sometimes of abandoning their infants, their old people, and those afflicted with lingering diseases, to perish with hunger, or to be devoured by wild beasts.
Among civilised and thriving nations, on the contrary […] the produce of the whole labour of the society is so great, that all are often abundantly supplied, and a workman, even of the lowest and poorest order, if he is frugal and industrious, may enjoy a greater share of the necessaries and conveniences of life than it is possible for any savage to acquire…
The list grows quickly, including Turkey and Indostan. To these he adds ancient Egypt, “Mahometan” nations, the Arabs, Africa, the West Indies, Persia, Bengal, Siam, China, and North American indigenous peoples, who comprise “the lowest and rudest state of society”.Savage peoples: the racism of Adam Smith in Wealth of Nations
In the end, the whole world apart from Europe is characterised as “savage” and “barbaric.”
The Judeo-Christian tradition is a Western European countenance, wearing Whiteface. Stephen Bannon is a racist with wide-ranging ambitions that extend anywhere that his countenance is tolerated. He is the spitting image of a certain conception of godliness, a favorite of White supremacists.
White supremacists flatter themselves as guardians of Western values. They are on a mission to make scriptural misunderstandings tools for geopolitical and racial advantage. The Judeo-Christian tradition is a conversation between Holy Land pilgrims who share a common disdain for Islam. Partners in arms against Muslims. The Church Militant.
The more eons that revered ancestors live under the cloud-laden lands of Europe, the more perfectly do they resemble the acceptable White features of the stereotyped Holy Family in the Holy Land that suffers under the “Mahometan…lowest and rudest state of society” — to couch the concept in Adam Smith typologies.
Donald Trump and Benjamin Netanyahu, will you know them by their love? I am told that many a citizen of Israel would welcome an exchange of Presidents. Perhaps they could take revolving terms in their respective States.
Is racism against Blacks unknown in Israel? Do Palestinian children on their way to school hear tut-tuts when Israeli soldiers aim assault rifles in the children’s faces? Are Palestinian school kids not snakes that grow into bigger snakes?
Judeo-Christians, will you know them by their loathe?
Let us now return to the wealth of nations. Do Black People have equal access to wealth-management systems? Are opportunities shmopportunities?
Disparities between the ultra rich and the ultra marginalized grow ever wider and ever deeper in the land of Freedom Oil and the home of the genocided Braves. Does racism matter?
Has “reverse racism” so crippled White American dreamers that Whites now scramble for the crumbs dropped by greedy and heartless “savage” and “barbaric” Blacks? Do hedge-fund managers from Black Wall Street refuse equal access to potential White investors? Why is Black Wall Street never more than a footnote, a remark that “mistakes were made” ?
“Of the 2,153 people who made it to the 2019 FORBES list of the World’s Billionaires, 13 of them are Black, up from 11 a year ago.” Forbes: March 5, 2019
Of course, capitalism knows no color bar
Thanks for reading.