Philosophy 1130F/G Lecture 8: Nov 28th Marx and Engles .docx

• School: Western University
• Department: Philosophy
• Course: Philosophy 1130F/G
• Professor: Leslie Barker

Document Summary

Problem of social order, what makes a good society, new ideas, new big ideas, capitol, the bourgeoisie, the proletariat, class struggle, hobbes focused on problem of social order, how to avoid violence, smith: problem is maximizing wealth, solution is divison of labour and free market, trading goods and services all on a free market, marx + engels: noticing angles of this economic thingy smith talked about but adding onto it and then noticing a new social order problem hobbes did not mention, capitol is the system that allows for more money to come in, generates wealth. Means of production what allows for production to take place: capital: wealth, efficiency, the pin idea , according to smith, the effect of this is when you have factory production and divison of labor you have to have both, smith basically says that the divison of labour will allow for the wealth to get distributed equally.