From the Cambridge University Press' The Review of Politics, February 21:
Domination vs. Persuasion: The Role of Libido Dominandi in Adam Smith’s Thought
Abstract
Adam Smith argued that human beings naturally desire to dominate others and that they enjoy it. He showed how ancient masters, landlords, and economic actors in some eighteenth-century English and colonial markets were driven by their love of domination against their own economic interests. Recent scholarship argues that to fully understand the role libido dominandi plays in Smith’s thought, love of domination should be associated with the broader concept of vanity and esteem-seeking. This article challenges that interpretation, showing that, for Smith, the love of domination has nothing to do with the love of praise but that most of the pleasure people derive from it is to see their ends promoted by others without the need to persuade them about the utility of those ends. This understanding locates the love of domination outside commercial society where, under certain socio-economic circumstances, mutual persuasion among individuals is the rule....
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