HIST 121 Chapter Notes - Chapter 18: Alexis De Tocqueville, Sig Sauer P239, John Stuart Mill
Document Summary
-- liberalism is a tradition, if we can say, based on the enlightenment. -- utilitarianism is its precursor, but scottish enlightenment, especially hume and adam smith contributed a lot to the thought. -- a pre-enlightenment movement called physiocracy influenced smith"s thought, whose famous slogan is laissez-faire . -- the division of labour is the most important factor instigating the development of the productive power in a nation. --- manufacture is especially important for the richness of a country--- a reflection of the. -- in terms of smith, the division of labour is a natural result of trade, not a human device. -- an economic theory thinks that accumulation of gold and silver is how a nation becomes rich. So the countries of this policy always set barrier to foreign trade. -- only real production can make a country rich, which depends on domestic and foreign markets in order to promote the level of division.
