CGS SS 101 Lecture Notes - Lecture 9: Utopia, Invisible Hand, Group Cohesiveness

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Introduction to economics: economics and culture, the economic problem, scarcity. Must depend on others to overcome scarcity. Even more the case with advanced societies: division of labor. Only can function because division of labor: adam smith, the wealth of nations (1776) Took notice of increasing efficiently through division of labor. Division of labor impact on manufacturer of pins: one worker can barely make 20 pins, when rationalize process of making pin, 10 workers specializing could produce. Modern assembly line invented: emile durkheim, the division of labor (1893) Assess social consequences on relying on division of labor. Increased specialization: changed the nature of the bonds that holds society together. Changed nature of glue that binds us together: encouraged individualism at expense of society, mechanical solidarity. Social cohesion based on all those who make up society. Produces a set of norms, beliefs, and values that are shared commonly by one and all.

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