SOCL 3101 Study Guide - Quiz Guide: Unintended Consequences, Migration Period, Protection Racket
Document Summary
Affluence of all (wn 22) - reduction of class differences (wn 24) Adam smith lectures - 1 - frederick weil february 1999. Adam smith - lecture 1 the character of market society. Smith makes a number of claims about the natural state of things: human nature, . Natural prices or rates of wages, rent, and profit, natural character of the market and market society. In this lecture, i explore the picture of market society he gives, mainly in. In this and the following lectures, we will see how. Smith contradicts most of his basic assertions about the naturalness of these things. Benefits of market society - increase of productivity through division of labor (wn 13ff) Will have to ask, then, why different classes have different outlooks. Will answer, in part, due to material conditions (classes per se), and in part due to different values (esp comparing ruling groups). argue from altruism, but also does not ascribe deadly competition here.
