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Updated: May 20, 2025
That this extraordinary man originated the Smithocratic form of government is, perhaps, open to intelligent doubt; possibly it had a de facto existence in crude and uncertain shapes as early as the time of Edward XVII, an existence local, unorganized and intermittent.
In his "Political History of Europe" the late Professor Mimble has this luminous sentence: "With the single exception of Ecuador there was no European government that the Liberator did not transform into a pure Smithocracy, and although some of them relapsed transiently into the primitive forms, and others grew into extravagant and fanciful systems begotten of the intellectual activity to which he had stirred the whole world, yet so firmly did he establish the principle that in the thirty-second century the civilized world had become, and has remained, virtually Smithocratic."
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