Quote from: mOgliE on January 18, 2019, 10:31:31 AM

Quote from: Spendulus on January 17, 2019, 06:05:20 PM

Quote from: m0gliE on January 17, 2019, 09:09:01 AM

....I've read Adam Smith, it's the equivalent of Socrate's science books. Interesting considering the date it was written but obvious bullshit ...

Really? Is that your opinion of Smith's analysis of the way a culture valued the "jack of all trades" held that society back, as opposed to industrial and trade specialization? (reference first 20pp).

Or alternately, maybe you haven't read it. Or perhaps you got choice-fed morsels from socialists...

Well reading you it would seem I indeed haven't read An Inquiry into the Nature and Causes of the Wealth of Nations... I have no idea what you're talking about, but maybe it's due to translation? I have to confess I never read Smith in English as his work is famous enough to get fully translated. I don't understand the expression "jack of all trades".

"Jack of all trades" is pretty archaic in English today. It refers to a sort of "handyman," but in pre-industrial ages.

https://ibiblio.org/ml/libri/s/SmithA_WealthNations_p.pdf

pp.8 on to 15-20 explains it very well.

Smith pretty much (and correctly) defines the development of "Industrialization" as the development of work specialization to the task level.

On example he uses is a general iron smith might make 200-300 nails a day, but a smith that did nothing but nails would do 800-1000, and often 2000-2500.

It's simply not possible to characterize such ideas as bullshit.