Tuesday 9 October 2012
We are not, in any way, “men who owe no obligation to one another”. Our entire social system is founded on obligation and interconnectedness. This was likely true even in Smith’s time, but his genius was to have hidden it from view and in doing so to construct the founding myth of liberal individualism as it exists in modern times. Philip Pilkington: Debt and the Decay of the Myth of Liberal Individualism ☀

