PAPM 1000 Study Guide - Final Guide: Thomas Robert Malthus, Commodity Fetishism, Wage Labour

• School: Carleton University
• Department: Public Affairs and Policy Management
• Course: PAPM 1000
• Professor: Marc Hanvelt

Document Summary

State: a body of citizens sufficing for the purposes of life : identity determined by their constitutions, not the people. Price should correspond to general cost of production: according to mercantilists, why do we need a positive trade balance, exporting more goods than importing. System based around colonialism: bring gold into country, accumulation of wealth creates power, wealth, meaning power, meant large quantity of gold and silver. Specialization, breaking large jobs into smaller parts saves time and money: people become an expert at their small job and do not have to switch tasks. Food increases at an arithmetic rate (2x), population increases at a geometric rate (x^2: eventually will not be able to feed world"s growing population, human condition is not improving because population is too big. Suffering (hunger, famine, poverty) is good because it reduces population: advocates for family planning, for robert owen, the main error of philosophers is to think that men are responsible for their actions.