“We think one Adam Smith is not the apologist of the kind of capitalist system many have in mind. Instead, the most important message from the ideas of Adam Smith could well be that the following is both conceivable and attainable:”

A society with “all its ranks” reaching “opulence” but still exhibiting “virtues” with elements of “prudence” to restrain the individuals’ excesses; elements of “justice” to prevent us harming others; and elements of “beneficence to promote the happiness of others, and with happiness being defined by the three components conceived by Adam Smith: “material provision, social engagement and the Tranquility that comes from Acting Virtuously.”