“Spying on politics”
“Chatchawan Chatsutthichai”
All things are born and pass away! There is “Capitalism” of “Adam Smith”, then there is “Socialism” of “Karl Marx”?
“Capitalism” was born-developed and has existed in “society” for a long time, but is gradually deteriorating due to “human hands” that “destroy capitalism” by creating many “inequalities” in society by “the majority” The few are extremely rich, while the “majority” are poor with nothing to eat, etc.
“Adam Smith” and “philosophers” as well as many “theoretical” movements, the creators of the “capitalist system” were not aware of the “serious danger” from “raw human nature” in the matters of “love-greed-anger- Lost” that escalates to “madness” to the point of “thirsty” for things that “must have”!
Oh!..When the raw nature of “human beings” reached “this destination” then “Adam Smith” and “philosophers” who created the idea “Free capitalist economy” which develops only “material things” but does not develop “people’s minds”, human society is therefore continually deteriorated.
Until it became apparent that All-round development of “Free capitalism” Even though it brings progress to society But it creates “inequality” in important dimensions. Expanding the gap between the rich and the poor, causing the “minority” to become extremely rich but the “majority” to become increasingly poor, etc., from the past to the present to the future. “Free capitalism” has completely become “nefarious capitalism”!
Of course!..The matter of the “capitalist” system has “evolved” and many stories have arisen in “Human society” is spread out to every corner of the world. There are both “good” and “evil” stories, both “expected” and “unexpected” stories. Stories of the past are not difficult to find from “Recording history” of the world..
This time.. let’s look at the details of the concept of “Adam Smith” in addition to the previous article.
The book The Wealth of Nations, published in 1776, enabled the emergence and growth of capitalism. until it becomes the main form of the system “Global economy” in the allocation of economic resources It has continued for a long time until now.
There are “two things” that “Adam Smith” has warned you to be careful of. Because it may create problems in building the economy. “Free Capitalism”
The first story, The Prejudices of the Public, is about resistance in society. who don’t believe Market mechanisms and economic freedom that the government sector has no role to play in the economic system will be able to make the economy grow and make the lives of most people better.
Don’t believe that the role of the government sector in the economy It will not be good for the economic stability of the country. and don’t believe that economic freedom is the answer that will make people’s lives better.
The second issue, The Power of the Interests, is the power of those who benefit from the government’s role. or government intervention in the economic system Because if we change to a free economic system Have freedom to compete The government sector plays a lesser role in the economy. Those who receive these benefits will lose the benefits they once had.
Who will lose the benefit? Will do everything to prevent a free economic system. and free from government intervention.
In fact We cannot deny that Both of these stories actually happened. In every country that uses a capitalist economic system It is a mechanism for allocating the country’s economic resources.
Controversy between market mechanisms and the role of the government sector in the economy Can be seen all over the world Continuing until the present Those who benefit from the government sector It opposes competition and a free economy. Until it becomes part of the cycle of freedom and crisis in the capitalist system. Including the problem of inequality that comes with the capitalist system. This is a result of society’s lack of awareness of self-restraint. makes society unhappy Unable to achieve what “Adam Smith” had hoped for, even though wealth would increase..
That is the immortality of the “Adam Smith” idea, which points to the problem. and solutions for creating growth and wealth for the country It is a fact of economic and social development. that has been continuously seen for 247 years and will continue to exist in the future
Welcoming the year of the “Golden Dragon” with a quote from “Adam Smith,” a thinker in the era of “free capitalism” that has transformed into “Nefarious capitalism” is gone.
Start with the words.. “What makes production capacity, skills, expertise, and decision-making of the most efficient workforce It all comes from the division of labor.” It’s the principle of “Labor creates the world.” You just have to divide the work up!
“Another consequence that followed. After the division of labor, it causes business division. and employment to be more diverse This is where diversifying businesses and employment will result in the country having the highest industrial progress.” This idea is true.. and is still used today.
“Division of labor That has created a lot of benefits. It is not caused by human wisdom. who knew that when done, it would bring wealth But the division of labor It’s a gradual thing. Born naturally From the personality traits of humans that there is always a tendency to trade, negotiate, and exchange with each other all the time.”
Um..is “Adam Smith” also a psychologist?.. He also talked about “talent” and “business logistics” saying..
“..that each person has different natural talents. In fact It is not caused by a predetermined nature. From childhood to adulthood But it is the result of division of labor.”
and “As for expanding the market more broadly, It will be found that water transportation can help expand the market more than land transportation. which we can observe from along the coastline or along the river that usually gradually Almost every type of industry has appeared. and continues to grow Which didn’t last long. It will gradually spread into the inner areas of the country.”
“When we pay to buy a product, The first price we have to pay is that of labor. This can be clearly seen in the early days of the world. Wealth is not bought with gold or silver. But it was bought with labor.”
Regarding labor, “Adam Smith” emphasized the “importance” of taking care of it and not taking advantage of it..
“So we can see that Increased demand for labor It is caused by the country’s increasing income and capital. Without the increase of these two things The demand for labor will definitely not increase. When income increases and capital increases, it can be said that is an increase in national wealth. Therefore, we may conclude that The demand for labor will increase. according to the increasing wealth of the nation And if there is no increase in national wealth There is no way to increase the demand for labor.”
“Adam Smith” viewed poor laborers as follows: “..The dissatisfaction of poor workers with the food, clothing, and shelter they enjoyed in the past. Until there is a saying that People of the lowest class of society There is increased consumption of luxury goods. Events like this are definitely something that makes us more confident that It is not just that workers’ compensation in monetary terms is higher than in the past. But it also includes the actual compensation of workers. Higher than in the past” True to what “Adam Smith” said!.. The more profits the capitalists make, the more wages they have to pay!
“..Like the proverb says, Playing for nothing It’s better than working for nothing..”! Really true, millions % of capitalists make you work to the point of death. And the workers don’t get paid..it’s considered very evil and evil.
“When one person has more wealth than another, There will inevitably be inequality. For example, when one person is rich, there will be at least 500 poor people.” This is the number of inequality that “Adam Smith” displayed in that era.
In the “digital age,” inequality measures are different from those of “Adam Smith,” according to the Oxfam report. Over the past two years (2021-2022), the world’s richest 1% were wealthier than everyone else. The rest together Almost double!!
Hmm.. I really want to know if “Adam Smith” has seen this Oxfam report. What will be the reaction??
#subject #Western #Philosophy #Episode #TwentySix #Capitalism #Quotes #Adam #Smith
2023-12-29 14:54:00
