• igmelonh@feddit.online
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      2 days ago

      It’s not actually from Adam Smith, it’s a Marx quote from some of his unfinished notes posthumously published as Economic and Philosophic Manuscripts of 1844. The quote is specifically from Rent of Land in the first manuscript.

      Adam Smith does talk about how landlords are parasites in Book 1 Chapter 11 of Wealth of Nations, Of the Rent of Land.