CMNS 240 Lecture Notes - Lecture 2: Foxconn
Document Summary
Four central characteristics of political economy: social change and history, pe the result of social change and history, the social totality, must understand the relation to the social whole, moral philosophy, having a political and ethical perspective and prescribing new ways of doing things better, praxis, concerned with historically situated human action in the world, mutually interaction between ideas and human action, knowledge is more than concepts, it is the ongoing action between action and concept, actually intervening in social change. Adam smith: believed in free market and free economy, laissez faire economics have government leave them alone, free trade would improve the lives of people, believed that if the economy was improving, so would the lives of the workers, believed there need to be a strong state, capitalist society was divided into 3 groups, the groups always clashed so there needed to be someone to control them, the wealthy should get more power and the poor should work.