SOSC 1009 Study Guide - Joseph Schumpeter, John Maynard Keynes, Marilyn Waring

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Note: i suggest you read from the pages i have noted beside each point to get a better understanding of things. I wrote out simplified versions but it would be beneficial to look over the pages. Also believed that humans naturally tend to compete, in continual state of war, and only by subjecting themselves to a common power could they live in reasonable security. Before this discussion came up- the church and monarchies enforced the notion of fixed, god-given human condition and behaviour (people are where they are in the hierarchy because god wanted it that way). His ideas lead john locke to come up with counter ideas (he did not agree with hobbes" absolutist theory). He explored rights of individuals, position of the individual in society- political power is only justified by the public good - property rights more priority than government"s rights.