DSOC 1101 Lecture Notes - Lecture 2: Jared Diamond, Industrial Revolution, Stoicism

• School: Cornell University
• Department: Development Sociology
• Course: DSOC 1101
• Professor: Tom Hirschl

Document Summary

Europeans were gaining power of the western hemisphere became wealthy. Increased food production increased population in the western hemisphere. Adam smith: how the division of labor increases labor productivity (pg 7-11) Division of labor increases labor efficiency from 1 to 4800 pins/person/day. Use of quantitative reasoning to illustrate qualitative principle. Market determines extent of division of labor (ch 3) Maritime trade links markets: more efficient and less costly. A market transforms greed into general prosperity (stoicism) Division of labor arises from a certain propensity in human nature the propensity to truck and barter (pg 18) Believed that the world was governed by the all-ruling providence of a wise, powerful, and good god, every single event ought to be regarded as making a necessary part of the plan of the universe . A deity that controls and plans everything. Market-individual-private property nexus: dispense with christian love. 09/03: dispense with ascetic restraint, individual self-interest salutary for all.