HIS330H5 Lecture Notes - Bourbon Reforms, Absolute Monarchy, Invisible Hand

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Enlightenment, pre industrial practices, urban reform, creoles & limited monarchy, 7 years war, strain on colonies. Smith: liberation of these economies, how the economy should be governed by the invisible hand & liberation men will be able to reach their full potential. Right to your life cannot give it up, life liberty, liberty can"t be taken or your property. If there government doesn"t protect their property, or their liberty according to the social contract, have duty to revolt. Spanish theorist, articulating ideas of natural rights in 16th century, important political theorist rights of individuals, francisco suarez starts talking about natural human rights. Locke borrows these ideas later, role of resistance in political society. Idea of enlightenment; one monarch who rules to his own reason and gives authority to advisors enlightened despotism, one absolute monarch ruled according to reason. The government should be run efficiently, accountability, idea is to raise government revenue, provide resources to the people.

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