PHIL 322 Lecture Notes - Lecture 7: Invisible Hand
Document Summary
The configuration of creative human energies millions of tiny know-hows configurating naturally and spontaneously in response to human necessity and desire and in the absence of any human masterminding (invisible hand) Putting down central planning because thugs happen naturally without the need for government regulation. Merely organize society to act in harmony with this lesson. Have faith that free men and women will respond to the invisible hand. Self interest, exchange, and freedom in the wealth of nations. Wrong to say adam smith advises people to act selfishly. Will be reworking the interpretation of the notion of human beings as primarily, or solely, pursuing their material self-interest by adam smith. Addressing people in what they can get from us, not from us to them. Claiming the famous passage is not formed purely around self interest. Uses self interest for background and evidence of another point - human beings can pursue even their individual interests together.