DVM2350 Lecture Notes - Lecture 12: Profit Margin, Cooperative Principle, John Stuart Mill
27 Dec 2017
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Karl marx & john stuart mill: communism vs socialism? (cid:858)c(cid:396)iti(cid:395)ue of the gotha p(cid:396)og(cid:396)a(cid:373)(cid:859) (cid:448)s (cid:858)p(cid:396)i(cid:374)(cid:272)iples of politi(cid:272)al e(cid:272)o(cid:374)o(cid:373)(cid:455)(cid:859) Mill: p(cid:396)ese(cid:374)t so(cid:272)iet(cid:455) (cid:449)ith (cid:862)all its suffe(cid:396)i(cid:374)gs a(cid:374)d i(cid:374)justi(cid:272)es(cid:863) In sum, mill says: (cid:862)if this o(cid:396) co(cid:373)(cid:373)u(cid:374)is(cid:373) (cid:449)e(cid:396)e the alte(cid:396)(cid:374)ati(cid:448)e, all the diffi(cid:272)ulties, g(cid:396)eat o(cid:396) s(cid:373)all, of. Co(cid:373)(cid:373)u(cid:374)is(cid:373) (cid:449)ould (cid:271)e (cid:271)ut as dust i(cid:374) the (cid:271)ala(cid:374)(cid:272)e. (cid:863) Possible objections to communism: promotes laziness, people will have too many babies, too difficult to distribute labour fairly, quashes individuality. Wo(cid:396)ke(cid:396)s(cid:859) (cid:272)oope(cid:396)ati(cid:448)es (cid:449)ill (cid:396)esol(cid:448)e the(cid:373: wc will provide incentive and public spirit, workers can learn not to have (too many) babies, labour can be fairly divided, it will not quash individuality. Move from self interest to concern with enterprise as a whole; Wo(cid:396)ke(cid:396)s(cid:859) (cid:272)oope(cid:396)ati(cid:448)es (cid:862)th(cid:396)ough the (cid:272)oope(cid:396)ati(cid:448)e p(cid:396)i(cid:374)(cid:272)iple, (cid:449)e see ou(cid:396) (cid:449)a(cid:455) to a (cid:272)ha(cid:374)ge i(cid:374) so(cid:272)iet(cid:455), (cid:449)hi(cid:272)h would combine freedom and independence of the individual, with the moral, i(cid:374)telle(cid:272)tual, a(cid:374)d e(cid:272)o(cid:374)o(cid:373)i(cid:272)al ad(cid:448)a(cid:374)tages of agg(cid:396)egate p(cid:396)odu(cid:272)tio(cid:374). (cid:863)
