Tag Archives: Social attitudes to business

A Nation of Shopkeepers?

So Napoleon famously mocked the English, or so it is said. Actually the phrase came from Adam Smith in the Wealth of Nations, where he wrote — “”To found a great empire for the sole purpose of raising up a people of customers may at first sight appear a project fit only for a nation of shopkeepers. It is, however, a project altogether unfit for a nation of shopkeepers; but extremely fit for a nation whose government is influenced by shopkeepers.” Napoleon may have taken up the phrase, and used it, but I seem to recall that actually his tone may have been rather more respectful than is general believed. Still, whatever the truth, has anyone wandered down the Regent Arcade, Cheltenham recently? It was Lisa who pointed out to me the large number of empty shops — when this happens to Cheltenham, you have to wonder. I think I might try soon to interview either the Town Centre Manager or the Economic Development Officer for the borough, though to be fair they probably have rather more important things to do. Cheltenham has weathered the recent economic storms quite well, but the changes are visible on the High Street, and a host of innovative new shops appear to be opening to offer the cheapest of the cheap to the once prosperous shoppers of this fine city. I’m not moaning, as I say, Cheltenham is still much more prosperous than most places, even if that prosperity is rather unequally divided among its citizens, with areas of (in 21st century terms) deprivation, but nothing like the real poverty of some cities districts. Continue reading

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