Burns Night has always been one of my favourite events in the calendar. There’s nothing to beat the conviviality of a Burns Supper, culminating in the camaraderie of Auld Lang Syne.
But it’s easy to lose sight of some important aspects of Burns. He’s often described as a “radical”, being opposed to the power of the landed aristocracy and in favour of universal male suffrage, a reformed parliament and the American Revolution.
But that revolution launched the greatest capitalist nation on earth and Burns admired entrepreneurism, as demonstrated by his relationship with Adam Smith, the father of capitalism. When Burns enterprisingly published his first poems by subscription in 1786, Smith bought multiple copies and praised the work throughout Edinburgh society. Its success encouraged Burns to bring out a second edition, which earned him £400 (around £35,000 in today’s money).
Burns read Smith’s Theory of Moral Sentiment and eagerly devoured The Wealth of Nations, the bible of early capitalism. Smith’s influence even extended into Burns’s poetry. The lines “O wad some Power the giftie gie us/To see oursels as ithers see us!” in To A Louse are a reference to Adam Smith’s theory of the “impartial spectator”.
Smith, in his role as Commissioner of Customs, tried to help Burns by getting him a job as a Salt Officer, a post that would give him leisure to write. However, by the time Burns’s patroness Mrs Wallace Dunlop passed on the offer to him, it was too late. Burns went to the commissioner’s office, only to find that Smith had left for London the previous day. So, these two famous Scots who so greatly respected each other never met face to face.
Tonight I’ll be having a dram to toast Rabbie – and maybe another for Adam Smith and the wealth-creating power of capitalism.