IDSB01H3 Lecture Notes - Lecture 4: John Stuart Mill, Free Trade, Corn Laws
22 Feb 2015
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Gavin fridell: alternative trade: legacies for the future jan 31, 12-2pm utsg 19. The birth of capitalism & classical political economy. State enterprises buying and selling products within a market -> not. Capitalism, but socialism: capitalism a capitalist system. We can use this land to graze sheep instead of growing crops need to get rid of people: enclosures! Lessons for the south: private property rights on land is a similar process to enclosures during feudal times. Classical political economy (cpe: value, use value, exchange value, labour theory of value, comparative advantage, theories of economic growth, stationary state, say"s law vs. malthusian gluts. Cpe principal theorists and their publications: adam smith the wealth of nations (1776, thomas malthus an essay on the principle of population (1798, david ricardo principles of political economy (1817) John stuart mill principles of political economy (1848: karl marx capital, vol. 1 (1867)(???)
