Book V, Chapter I, Part I
On defense across the stages; standing armies become necessary in commercial societies.
Read in Books4Free →Stages of Economic Development
From The Wealth of Nations by Adam Smith
Smith deploys a four-stages theory (hunting, pastoral, agricultural, commercial) to explain how property, government, and economic institutions co-evolve.
Book V, Chapter I, Part II
On justice: property and inequality generate the need for civil government.
Read in Books4Free →Read or Listen to The Wealth of Nations on Books4Free
Every chapter free to read. Free audio narration on the opening chapter. Plus an AI study assistant that knows the book.
Open in Books4Free →