Essay heading: adam smith

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Philosophy

 

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Date added:

August 9, 2009

 

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4 / 875

 

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Smith believed that society would benefit from individuals who were self-interested in their own personal economic gains. Furthermore, Smith believed that the division of labour had a negative impact on society. He thus was very critical of the division of labour. For Smith, "the man whose life is spent in performing a few simple operations, of which the effects too are, perhaps, always the same, has no occasion to exert his understanding?He naturally loses, therefore, the habit of such exertion and becomes as stupid as it is possible for a human creature to become"(Lecture Notes, 2001:5)...
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For Smith, "the man whose life is spent in performing a few simple operations, of which the effects too are, perhaps, always the same, has no occasion to exert his understanding?He naturally loses, therefore, the habit of such exertion and becomes as stupid as it is possible for a human creature to become"(Lecture Notes, 2001:5)...
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