Why is there a division of labor | Chapter 2, Book 1

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5 жыл бұрын

This video covers Chapter 2 - 'Of the Principle which gives Occasoin to the Division of Labor' of The Wealth of Nations Book 1 by Adam Smith. In this chapter, Adam Smith talks about why and how the division of labor came to be.
pages summarized: 4

Пікірлер: 17
@abiball8479
@abiball8479 2 жыл бұрын
I am currently working on this for my university. You help me save a lot of time. Thank you, my mate!
@libertybiberty8182
@libertybiberty8182 4 жыл бұрын
This is extremely helpful, I was planning on reading The Wealth of Nations recently, and when I got it from the library, it was over 900 pages. Thank you for not making me read all of that.
@1ndileb215
@1ndileb215 2 жыл бұрын
You're a life saver. Didn't understand much. I needed this for my assignment due today
@FalloutUrMum
@FalloutUrMum 4 жыл бұрын
These are good to listen to after reading the chapter to help round out your understanding
@trongcongle3316
@trongcongle3316 4 жыл бұрын
Your video is very helpful! Please keep doing your great work!
@yusefq891
@yusefq891 4 жыл бұрын
English is my second language and your work helps alot
@muktiupadhyay2533
@muktiupadhyay2533 4 жыл бұрын
I truly appreciate your work .best of luck keep it up...bro
@vmiximv
@vmiximv Жыл бұрын
@Kevizenu
@Kevizenu 3 жыл бұрын
needed it, i have presentation tomorrow!!
@harshtyagi1507
@harshtyagi1507 4 жыл бұрын
Thanks a lot. You saved me.
@v1ct34m
@v1ct34m 4 жыл бұрын
It really helps thank u. I fully understand now.
@ucallmeDave
@ucallmeDave 3 жыл бұрын
THank you
@rakkaalhazimi3672
@rakkaalhazimi3672 4 жыл бұрын
Combining the self interest in a lot of different peoples can lead to the greater benefit for the society. You're awesome, man. *highfive
@RextheRebel
@RextheRebel Жыл бұрын
We actually do see dogs, birds, apes and even some dolphins engage in trade. Some specie's like ants, don't require trade because everything is commonly owned.
@Jurassica
@Jurassica 4 жыл бұрын
How does a modern interpretation of Smith account for globalization/outsourced labor (where profits can remain very high by the appealing use of cheap labor), the prevalence of increasingly non-factory based work environments and the hoarding of wealth by the super rich? I just don't see how his ideas are still entirely applicable to the reality of globalized neoliberal capitalism.
@onlyusechopstik
@onlyusechopstik 3 жыл бұрын
It doesn't. It doesn't consider the export of finance capital from monopoly capitalism; that's all way before his time.
@andisylafeta299
@andisylafeta299 7 ай бұрын
Thank you for your informative videos, very helpful ! But I must say that the way you speak and gesture your ideas is very gay and kind of irritating. Practice speaking more dominantly and assertivly ! Nonetheless, wish you all the best.
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