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the claim

Adam Smith invented capitalism.

the verdict
REFUTED
the evidence says no
Recorded sources
3 sources for · 4 against

Counts group repeated records of the same source within each side. They do not measure evidence strength or source independence.

Is it true that Adam Smith invented capitalism?

No. Reference sources state that Adam Smith never used the word 'capitalism', which only entered use in the nineteenth century, and that he developed ideas of commercial society rather than inventing the system. A few popular and advertising snippets repeat the phrase 'Adam Smith invented capitalism' without substantiation.

Verdict: REFUTED · 3 sources for, 4 against · Last checked

Evidence for · 3
American Government: : Institutions, Policies, and Politics Study
1998
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Dawson (1998). American Government: : Institutions, Policies, and Politics Study. archive.org. https://archive.org/details/americangovernme0000daws

Evidence against · 4
Adam Smith
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Adam Smith. (n.d.). en.wikipedia.org. https://en.wikipedia.org/wiki/Adam_Smith

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More for · 2
People at work : human relations in organizations
1993
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R, T. P. (1993). People at work : human relations in organizations. archive.org. https://archive.org/details/peopleatworkhuma0000timm_f3n7

The New York Festivals: International Advertising Awards 7
1999
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International, T. N. Y. F. H. B. (1999). The New York Festivals: International Advertising Awards 7. archive.org. https://archive.org/details/newyorkfestivals0000newy_w4u5

More against · 3
Smith, Adam | Internet Encyclopedia of Philosophy
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Smith, Adam | Internet Encyclopedia of Philosophy. (n.d.). iep.utm.edu. https://iep.utm.edu/smith/

Economic Heritage: Adam Smith vs. Karl Marx
2008
Get citation
J., M. E. & E., E. D. (2008). Economic Heritage: Adam Smith vs. Karl Marx. eric.ed.gov. https://eric.ed.gov/?id=EJ816901

Simple English Wikipedia: Capitalism
Get citation
Simple English Wikipedia: Capitalism. (n.d.). simple.wikipedia.org. https://simple.wikipedia.org/wiki/Capitalism

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