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Syllabus Capitalism and Morality: Adam Smiths Moral and Political Philosophy - 56989
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Last update 28-09-2023
HU Credits: 4

Degree/Cycle: 2nd degree (Master)

Responsible Department: Political Science

Semester: Yearly

Teaching Languages: Hebrew

Campus: Mt. Scopus

Course/Module Coordinator: Dr. Yiftah Elazar

Coordinator Email: yiftah.elazar@mail.huji.ac.il

Coordinator Office Hours:

Teaching Staff:
Dr. Yiftah Elazar

Course/Module description:
The eighteenth-century Scottish philosopher Adam Smith is often perceived as one of the founders of modern economics and fathers of capitalism, but in recent decades, groundbreaking studies have illuminated additional aspects of his work, particularly his moral and political philosophy.

Recent research on Smith presents in a more complex light his conception of a happy modern society, and some researchers have highlighted his criticism of the limitations and dangers of the free market. Whether or not we accept such a reading, it is clear now that Smith’s economic theory was part of an ambitious intellectual project, which sought to to address fundamental questions on moral psychology, ethics, justice, progress, liberty, personal and social happiness, political authority, and more. And whether or not we agree with Smith’s ideas, he deserves to be studied as a major Enlightenment writer whose ideas continue to exert influence in the 21st century.

This seminar offers an in-depth look at Smith’s philosophy, with an emphasis on morals and politics. This is a challenging seminar, in which we’ll delve into Smith’s works and read them closely. We’ll also discuss some of the writers with whom Smith engaged, such as Bernard Mandeville and Jean-Jacques Rousseau, and some of the writers who engaged with his work, such as Karl Marx. Finally, we’ll read current research on Smith and see how his complex and elusive thought inspires strikingly different interpretations and worldviews.

Course/Module aims:
To gain insight into the work of one of the most influential thinkers in modernity

To discuss fundamental questions of modern moral and political philosophy

To expose students to recent studies and debates in political thought

To learn how how to conduct research in the history of political thought

Learning outcomes - On successful completion of this module, students should be able to:
To understand some of the intellectual foundations of capitalism and liberalism

To critically read and analyze primary and secondary texts in the history of political thought

To conduct research in the history of political thought

Attendance requirements(%):
85

Teaching arrangement and method of instruction: Required reading and preparation for each session, discussion in meeting, student presentations in class

Course/Module Content:
Partial list of topics to be discussed - subject to changes:
Smith’s intellectual project, then and now
Smith and Rousseau
The foundations of Smith's moral philosophy
Sympathy and moral imagination
The impartial spectator
The pursuit of wealth
Justice and injustice
The beauty of utility and the force of custom
The character of virtue
Patriotism, good citizenship, and revolution
The development of society and government
Smith's concept of liberty
Justice in the family: women and slaves
The paradox of inequality and wealth
The Adam Smith Problem
Value, Labor, and Power
Wages, poverty, and equality
Capital and productive labor
The unnatural growth of wealth
The critique of mercantilism and the invisible hand
Physiocracy and the system of natural liberty
The duties of the sovereign: military defense and the administration of justice
Education, stupidity, and alienation

Required Reading:
Select sources:

Adam Smith, The Theory of Moral Sentiments (1759)

Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations (1776)

Adam Smith, Lectures on Jurisprudence [1762-1764]

Bernard Mandeville, The Fable of the Bees (1714, 1729)

Jean-Jacques Rousseau, Discourse on the Origin and Foundations of Inequality Among Men (1755)

Additional Reading Material:
See the detailed syllabus, to be published in the beginning of the year

Grading Scheme :
Presentation / Poster Presentation / Lecture/ Seminar / Pro-seminar / Research proposal 80 %
Submission assignments during the semester: Exercises / Essays / Audits / Reports / Forum / Simulation / others 20 %

Additional information:
Written assignments - subject to changes:

For students taking the class as a research seminar -

Research proposal - first draft

Research proposal - second draft

Research paper

For students taking the class as a regular class -

Research proposal

Proseminar paper
 
Students needing academic accommodations based on a disability should contact the Center for Diagnosis and Support of Students with Learning Disabilities, or the Office for Students with Disabilities, as early as possible, to discuss and coordinate accommodations, based on relevant documentation.
For further information, please visit the site of the Dean of Students Office.
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