As Adam Smith wrote in his 18th century book, "The Wealth of Nations," "When the regulation is in support of the workman, it is always just and equitable — but it is sometimes otherwise when in favour of the masters." Smith advocated high wages as beneficial to employer and employee alike, and he advocated the abolition of slavery. The distinguished American economist John Kenneth Galbraith said about "The Wealth of Nations:" “It is much celebrated by the ministry of the righteous right, few of whom have read it. “Were they to do so — disapproval of the corporate form,...