DVM2350 Lecture Notes - Lecture 8: Surplus Labour, Wage Labour, Scottish Enlightenment

• School: University of Ottawa
• Department: International Development and Globalization
• Course: DVM2350
• Professor: Kathleen Fitzpatrick

Document Summary

Free trade& science of political economy (argued to separate economics and politics) Based on new science of math functioning of the market as a science and therefore it is rational (supply & de(cid:373)a(cid:374)d la(cid:449)s) (cid:862)tis (cid:374)ature(cid:863) Adam thinks, to tamper with this kind of nature is useless, must cooperate. Agriculture is the foundation of all wealth *** cannot progress if not mastered food production. On top of subsistence is only luxury. Time where open ended frontier of growth and progress. To them, the world is infinite resources beginning of expansion and enjoyment. Greater innovation and invention- better material well-being: rise of bourgeois as merchant capitalist. Prior to this, the status (pyramid) society, and the aristo(cid:272)rats do(cid:374)"t (cid:449)ork tax people due to military power, oppress the people a(cid:374)d ta(cid:454) the(cid:373) a(cid:374)d parti(cid:272)ipate i(cid:374) (cid:272)o(cid:374)su(cid:373)ptio(cid:374), the(cid:455) do(cid:374)"t rei(cid:374)(cid:448)est it, the(cid:455) (cid:272)o(cid:374)su(cid:373)e it. Keeps going, like a giant machine- the class of aristocrats are in the way of this machine.