Combining Texts

All the ideas for 'fragments/reports', 'Capital Vol. 3' and 'The Wealth of Nations'

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5 ideas

23. Ethics / B. Contract Ethics / 1. Contractarianism
People prepare our dinner from their own self-interest, not from humanity [Smith,A]
     Full Idea: It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love.
     From: Adam Smith (The Wealth of Nations [1776], p.26-7), quoted by Amartya Sen - The Idea of Justice 08 'Narrowing'
     A reaction: Sen passionately pleads that this not be taken out of context. It is about the motivation for the relationship of exchange, and not about morality in general, which also includes trust etc. The subsequent lines in Smith show this.
24. Political Theory / D. Ideologies / 9. Communism
Freedom only comes when labour is no longer necessary [Marx]
     Full Idea: The realm of freedom actually begins only where labour which is determined by necessity and mundane considerations ceases.
     From: Karl Marx (Capital Vol. 3 [1873], p.496), quoted by Peter Singer - Marx 8
     A reaction: This is a bit discouraging fo idealistic dreamers. Modern political thought needs an ecological dimension to this problem. If society always needs a fair degree of labour, there must be a way to maximise freedom in that context.
24. Political Theory / D. Ideologies / 11. Capitalism
Selfish profit-seeking increases collective wealth, so greed is good, and egoism is altruism [Smith,A, by Harari]
     Full Idea: Smith's claim that the selfish human urge to increase private profits is the basis for collective wealth is one of the most revolutionary ideas in human history. …Greed is good …and egoism is altruism.
     From: report of Adam Smith (The Wealth of Nations [1776]) by Yuval Noah Harari - Sapiens: brief history of humankind 16 'Growing'
     A reaction: The central confrontation of political philosophy still seems to be Adam Smith v Karl Marx. Why can't there be altruistic non-greedy profit-seeking? Not 'I want profits' but 'we want profits'. Altruistic capitalists aim to create jobs.
26. Natural Theory / A. Speculations on Nature / 5. Infinite in Nature
Archelaus was the first person to say that the universe is boundless [Archelaus, by Diog. Laertius]
     Full Idea: Archelaus was the first person to say that the universe is boundless.
     From: report of Archelaus (fragments/reports [c.450 BCE]) by Diogenes Laertius - Lives of Eminent Philosophers 02.Ar.3
27. Natural Reality / G. Biology / 3. Evolution
Archelaus said life began in a primeval slime [Archelaus, by Schofield]
     Full Idea: Archelaus wrote that life on Earth began in a primeval slime.
     From: report of Archelaus (fragments/reports [c.450 BCE]) by Malcolm Schofield - Archelaus
     A reaction: This sounds like a fairly clearcut assertion of the production of life by evolution. Darwin's contribution was to propose the mechanism for achieving it. We should honour the name of Archelaus for this idea.