SOC 3701 Lecture Notes - Lecture 3: Scottish Enlightenment, Age Of Enlightenment, Industrial Revolution
Document Summary
9/14-lecture 3: the enlightenment and the first social theorists (cont. ) Adam smith (1723-1790: prof. of moral philosophy at glasgow university, represents the scottish. Enlightenment : wrote at the beginning of the industrial revolution, grave economics its intellectual identity, seminal advocate for the free-market economy, the path to wealth. Laisse faire (abstention by governments from interfering in the workings of the economy) The mechanisms of the market are the more efficient to organize economic activity. To promote the common good, the best means are the stimulus of the own interest and the development of competition. Film- the real adam smith: ideas that changed the world: smith wanted so see the poor do better, connection between morality and economics, not just growth but growth with a purpose, pease, easy taxes, tolerable administration of justice.
