Tuesday, May 8, 2018

Egoism and Division of Labor

Somewhat lost in subsequent history is that Smith's own Economic model modifies, if not conflicts with, his advocacy of Egoism.  For, the fundamental innovation of that model consists in the organization of a labor force that is the ground of a Division of Labor.  In that context, 'individuals' are actually specialists in what Smith imagines is a more efficient, and, hence, more productive, Economic system.  Accordingly, his Egoism is not unconditional therein, i. e. the exclusive focus on what one is doing presupposes its role in a larger structure, and, so, likewise, any personal satisfaction to be enjoyed is not independent of that of one's co-workers.  Thus, the compatability of Egoism and Division of Labor requires that included in the latter is the role of Organizer, e. g. a musical conductor, in which case, each attending to their own task will produce the general satisfaction that is the sum of the satisfactions of each.  But, then, the lack of that inclusion is not an internal failure of Smith's system, which may be why the resulting structural incoherence has not had the attention of its critics.

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