Ch. 1: From Cronkite’s Complaint to Orwell’s Oversight, p. 2
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It may come as a surprise to discover that throughout most of the seventeenth, eighteenth, and early nineteenth centuries, leading bourgeois philosophers and economists understood and openly stated, as did John Locke in 1690 that “government was created for the protection of property,” and Adam Smith in 1776 that civil authority “is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.”

— Michael Parenti

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "It may come as a surprise to discover that throughout most of the seventeenth, eighteenth, and early nineteenth centuries, leading bourgeois philosophers and economists understood and openly stated, as did John Locke in 1690 that “government was created for the protection of property,” and Adam Smith in 1776 that civil authority “is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.”" in the context of "Ch. 1: From Cronkite’s Complaint to Orwell’s Oversight, p. 2" to mean that wisdom is timeless.

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Source: Wikiquote: "Michael Parenti" (Quotes, Inventing Reality (1986)) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Adam Smith

About Adam Smith

Adam Smith (16 June 1723 – 17 July 1790) was a Scottish-born economist and philosopher, widely considered the "father of modern economics".