All this revolves around Smith's four stages -- hunting and gathering, herding,
agriculture, and then commerce.  In the earlier stages, passions play a big 
role.
Even in agriculture, the role of passions is diminished.

The aristocracy personify passions, but they don't really fit into his 
four-stage
set up.  They're presumably superfluous.  In the commercial stage, Smith 
suggests
that all social relations could be like those among merchants.

He is against charismatic behavior.

I discussed much of this in more detail in the Invention of Capitalism.



On Wed, May 16, 2007 at 12:43:35PM -0400, s.artesian wrote:
> I understand that, but Smith is wrong, particularly where he
> states: "He makes this change in the "passions" dominant in
> agriculture a significant contributor to "the improvement and
> cultivation of the country."  That change in passions requires
> is a change in class; and the economic, property, social
> change precedes that.
>
> -----Original Message-----
> >From: Ted Winslow <[EMAIL PROTECTED]>
> >Sent: May 16, 2007 11:48 AM
> >To: [email protected]
> >Subject: Re: [PEN-L] I say po-tay-to, you say po-tah-to
> >

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com

Reply via email to