"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Adam Smith Predicted The Rise Of The Military-Industrial-Complex
Submitted by Westernerd on Sat, 2011-08-13 03:00
By criticizing England's Navigation Acts of 1651 - which gave a monopoly of colonial produce to the shopkeepers of England - Smith understood that empire depends on government and "shopkeepers" in each other's pockets.
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