SFII-UF 102 Lecture Notes - Lecture 3: Michel De Montaigne, Body Politic, Tokugawa Shogunate

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Labor theory of value: present in adam smith"s wealth of nations. The value of the that food is the labor required to grow, harvest, making the plow, the labor to get the materials to make the plows, the labor to bring it to. Europe, the labor to make the ship, etc: modern economics, regards this as an antique theory, marx takes this very seriously, if you can pay for the labor you are rich. If not, you are poor: if you can consume the labor of more than one person= rich. Labor theory of title: also present in ch. What gives you title/ owner to a thing: you rest it from nature, i did the labor. They are mine. : natural law, there is a part of locke that says that it is okay to take from someone, if you need it to save a life. The turfs my servant has cut becomes my property.

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