CRI300H1 Lecture Notes - Lecture 3: Scottish Enlightenment, Invisible Hand
2 Dec 2018
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Objections - show why the author is mistaken. You only need to summarize the reading if you"re trying to interpret it imagine yourself in conversation. Theory of moral sentiments is notable for account of sympathy and the ideal spectator common theme in smith"s work is a defense of common sense against grand philosophical theories. He criticizes a male system that can reorder society from scratch/first principle. He argues decentralized activity by individuals seeking their own private ends can work for everyone and can do better than a top-down, centralized economy/society. Invisible hand" - capitalism is a system of decentralized individuals seeking their own profit with their own activity that will make sense even if there"s no central planner/invisible hand guiding everyone"s actions. Locke + hobbes vs smith in contrast to locke and hobbes, smith is interested in human psychology, while the former are interested in natural rights. Locke and hobbes are interested in individuals (protecting your own interests), while.
