指导
网站地图
英国essay 澳洲essay 美国essay 加拿大essay MBA Essay Essay格式范文
返回首页

简析亚当·斯密《国富论》对当今资本主义社会的影响essay

论文价格: 免费 时间:2014-09-24 11:38:42 来源:www.ukassignment.org 作者:留学作业网

1.0 前言
 

《国富论》是亚当·斯密的代表作,试图说明欧洲工业的迅速增长和业务的不断开拓(索贝尔,2010)。亚当·斯密在1776年出版了这本书——《国富论》,当时的英格兰是一个主要的资本主义国家,经济并没有像今天这样发达。在富裕的发达国家,有许多的不同的发展方法和建议,不仅在当时是先进的,而且在现代社会也是极为有用的(阿尔维,1999)。当时社会和现代社会之间存在着巨大的差异,这是一个极为引人关注的问题,《国富论》这本书的主旨和主张在今天仍然是适用的,有效的(派尔,1993)。本文将首先讨论亚当·斯密《国富论》的主要观点。作者站在一个经济人的立场,在这本书中主要阐述了三个主要观点:个人主义、经济自由,价格机制。然后,我们将简单介绍亚当·斯密的背景。最后,我们将讨论当时资本主义国家所处的社会环境,这些观点对于今天资本主义社会的发展仍然是极为有效的。
 

1.0 Introduction
 

The Wealth of Nations is Smith key work which tries to illustrate the European industry growth and business development (Sobel, et al, 2010). Smith published the book in 1776 when England is a leading capitalistic state, and economic was not so advanced as today. In The Wealthy of Nations, there are many main opinions that is advanced not only in that period, but also in modern society (Alvey, 1999). As the big differences between that society and modern society, it is a problem that if the main opinions in this book are valid today (Peil, 1993). This essay will firstly discuss Smith's main points of the wealth of nations. The author chooses the hypothesis of economic man, and three main opinions in this book: individualism, the economic freedom, and price mechanism. Following this, it will analysis the background of Smith's main points. Finally, it will discuss the current society environment and if the opinions are valid today.
 

2.0 Discussion and analysis
 

2.1 Introduction of Smith's main points of The Wealth of Nations

Economic Man

The hypothesis of "economic man" is the base of The Wealth of Nations. The so-called "economic man" means that the people are hoggish (Fitzgibbons, 1997). In Smith's opinion, on one hand, the "economic man" is the people who are hoggish, and for them, pursuing their own maximum interests is the motivation of the economic behavior. Everybody is continuously to find the most favorable use for the capital he has. On the other hand, Smith thought the "economic man" refers to the lower middle class people in 18 century. They are not only self-interested, but also have sympathy and compassion to other people, and their economic behaviors is restrained by the principle of laws, social justice and fair (Young, 1993), and finally, the greediness of their own interests will be translated to the interests of the whole society.
 

Based on the hypothesis of "economic man", there are many main ideas in The Wealth of Nations.
 

Individualism

Individualism refers to that the growth of the society and the market should emphasize the growth of individuals. And the construction of economic system should regard the survival and growth of people as the principle. If everyone can develop oneself adequately, the whole society will develop well (Machan, 1993).
 

Economic freedom

Smith put forward this opinion when he criticized the feudal system and the mercantilism hinders the economic growth seriously. The economic freedom contains two respects: free competition and free trade. The former refers to that the domestic economy is not interfered by government, and it operates itself according to the social supply and demand, the specific performances are: the labor and land transactions are free, and domestic trades are free. The latter refers to the trades among countries are free; do not need tariff and reward to influence trades. In Smith's consideration, the "economic man" pursuing their own maximum interests, and simultaneously lead to the maximum social interests, and in that situation, the individuals are guided by an invisible hand that called the market. That is to say, the economic behavior of "economic man" can promote the social interests. The countries should not intervene with individual economic behavior. To promote the wealth of nations, the best policy is economic liberalism, but meanwhile, there should be many regulations to ensure the order of market (Forsgren, et al, 2010).
 

Price mechanism

According to the hypothesis of "economic man", Smith considered price of goods are decided by the market. The market is called the invisible hand, and it adjusts price appropriately, and collocates resources effectively. Smith advocated that government should not interfere with price which should be decided by market.
 

In a word, in Smith's opinion, based on the hypothesis of "economic man", everyone pursues his own interests, and also has sympathy to others. The social benefit reaches maximum in the process of individuals pursuing their own benefit. So the growth of individuals is important to the society. And in the free trades, individuals can get their own maximum interests in the guidance of individual rationality, and in this process, there is an invisible hand leads the marketing activities, so the price is appropriate and the resources are reasonably allocated, and social benefit is also maximum. But Smith did not recognize the contradiction between personal interests and collective interests, so he thought the social benefit would be maximized when individuals pursued their own benefit.
 

2.2 Introduction of the background of Smith's main points

Smith put forward those opinions in about 1773 to 1776. In that period, enlightenment just started. it was time to resist the privileged class and squire for the populace. It was the time of "commercial society" or "civil society". In England of that era, the industries that mercantilism rewarded, are all those wealthy people managed, however the industries that operated for poor are ignored (Elliott, et al, 2001). The lower middle class had no privileges, not status, and they could not go into the upper class. They were opposed to the privileged class. The upper people among the populace became the bourgeoisie, and they were called “the urban intelligentsia ". That was the "economic man". They like thinking, exchanging opinions, discussing social problems. They educated themselves but hated corruption. What is more, they pursued their interests, and they abided by laws and social norms.
 

One the other hand, the England was a leading capitalistic state at that time. It was not only the world trade center, but also the leading industrial country. The economic developed very fast. In early days of 18 century, the countries like France and Germany were staying in the stage of handicraft industry. However, England had come into primary stage of capitalism. The so-called handcrafted factories had come into many cities. In that situation, it is a new time for the development of capitalism and industries. As the development of economic and industry, countries were getting increasingly connected.
 

According to the economic environment and the requirement of society at that time, Smith proposed the hypothesis of "economic man", and he advocated individualism that individual development was important for the social economic. It was the voice of lower middle class what was the "economic man". The growth of capitalism demanded free trade not only in the domestic market, but also the international trade. Simultaneously, in Smith's opinion, government was responsible for the social order, and the order of economic activities, but market should be free, and the price of products should be decided by market.
 

Smith's thoughts are suitable to the social demands. They are the results of the time, and they gave a great push to the economic development.
 

2.3 The analysis of current social environment

In the modern society, the economic gets a sufficient development. After the third revolution of science and technology, the technology has a big progress. The communication among different countries become more and more frequently, so the world becomes a whole. Because the distribution of resources is not balanced, the trades are necessary to countries. And the markets include the domestic market and international market, so the international deals are pervasive. Moreover, the market economic develops well, so it supplies a chance for international trades. On the other side, people in most countries are equal, and they have the same rights in the modern society.
 

As is known above, the society is much more different than before, so if Smith's opinions are valid today? Smith considered the people are "economic man". They are rational, and can use limited resources to seek for the biggest interest. The hypothesis of "economic man" is used today. It is also an important hypothesis in economics. It is the base of economic, and based on this hypothesis, the economic activities of individuals can be analyzed. So this hypothesis is also important today. But the hypothesis is not ideal because people are not so rational generally. And then, Smith advocated economic freedom and price mechanism. In modern world, it is not doubt that the trades should be encouraged. But some countries make staff to manage the development of domestic economic. Staff is a important policy to influence the import and export. However in 18 century, the communication is not so frequently, and Smith came up with that the staff should not be permitted to encourage the international trades. So Smith's opinion about economic freedom is partly valid. And then, Smith proposed that the government should not influence in market, and the price of products is decided by the market itself. However, as is known after the first economic crisis, market is not almighty, and it may be out of work sometimes. Not all the people obey the market order. And the phenomenon of forcing up price exists in the market. So it is necessary for the government to control the price when the market is out of work. But government should not control market too much. The market is an invisible hand, and the government is a visible hand. The two hands regulate the market together (Altman, 2000).#p#分页标题#e#
 

3.0 conclusions
 

In conclusion, Smith's theory about nations' economic is original and advanced. And his opinions are not only advanced at that time, they are also important today. However, Smith ignored the contradiction between individuals and collectivity when he raised the hypothesis of "economic man" and his opinions. However,there are no better hypothesis than the "economic man" when analysis economic activities are considered. So the limitation of this hypothesis is not because of differences between modern society and before, but because of the complexity of people themselves. And then, the trades should be free, and the staff is not favorable for the communication among countries. And at last, the invisible hand and the visible hand may promote the development of market together. What is more, government should pay more attention to the order of market, and punish the people who do not obey the laws and social norms. But the market should pay more attention to the allocation of resources. These two hands concern different respects. It is needful for government to intervene in when the market is out of work. As society develops continuously, Smith's opinions should be optimized, and modern economists can develop their latent assumptions based on Smith's theory (Farmer, 1997).
 

4.0 references
 

Altman,M., (2000) "A behavioral theory of economic welfare and economicjustice: A Smithian alternative to Pareto Optimality". International Journal of Social Economics, Vol. 27 Iss: 11 pp. 1098 - 1131.

Alvey, J., (1999) "Adam Smith′s Discourse". International Journal of Social Economics, Vol.26, No.6, pp.222-224.

Elliott, J.E , Peters, J.E & Motamedi, F., (2001)"Adam Smith's modes of social organization". International Journal of Social Economics, Vol. 28 Iss: 5 pp. 591 - 599.

Fitzgibbons, A., (1997) "The moral foundations of". International Journal of Social Economics, Vol.24, No.1, pp.91-104.

Forsgren, M. &Yamin, M., (2010) "A Commentary on Adam Smith and International Business". Multinational Business Review, Vol.18, No.1.

Farmer, D.J., (1997) "Contemporary conceptual space: reading Adam Smith". Journal of Management History (Archive), Vol. 3 Iss: 3 pp. 246 - 255.

Machan, T.R., (1993) "A New Individualist Basis for the Free Market". International Journal of Social Economics, Vol. 14 Iss: 10 pp. 27 - 39.

Peil, j., (1993) "A New Look at Adam Smith". International Journal of Social Economics, Vol. 16 Iss: 1 pp.52 - 72.

Sobel, R.S., (2010) "Adam Smith: managerial insights from the father of economics", Journal of Management History, Vol. 16 Iss: 4 pp. 504 - 508.

Young, J.T., (1993) "Natural Price and the Impartial Spectator: A New Perspective on Adam Smith as a Social Economist". International Journal of Social Economics, Vol. 12 Iss: 6 pp. 118 - 121.

此论文免费


如果您有论文代写需求,可以通过下面的方式联系我们
点击联系客服
如果发起不了聊天 请直接添加QQ 923678151
923678151
推荐内容
  • 英国市场营销学essay-T...

    市场营销是英国留学生热门专业之一,而对于市场营销学英文作业的写作让很多学生头疼不已,本文将针对市场包容性问题作出探讨研究。...

  • 指导英国essay-中英教育...

    核心提示:指导英国essay-中英教育制度比较与相关意义 The Comparison and Implication of Education Systems......

  • 指导英国essay论文—同性...

    本文是一篇指导英国essay论文。随着全球化的发展,不同国家和不同人民之间的经济交流和文化交流越来越盛行。在这种情况下,东西方的文化差异正在缩小。然而,东西方之......

  • Essay指导指导范文

    Essay指导范文 Essay指导指导范文 essay格式是什么样的?...

  • 英国文学essay-《傲慢与...

    提供英国文学essay-《傲慢与偏见》的女性叙事视角解析-"Pride and prejudice" female narrative perspective ......

  • 英国essay指导如何识别不...

    英国essay指导如何识别不要被无良商家下套? 找essay指导在国外的高校已经是一条捷径了,越来越透明,所以说也不是一个罕见的现象,一些留学生朋友反馈,通常表......

923678151