The Theory Of Moral Sentiments - 987 Words

At eighteenth century, the cost of increasing development of capitalism is anomie: people chasing material life insanely even sacrifice others’ benefits. Because of this, Adam Smith, a successful philosopher and economist, released that the original morality principle was not suitable for that society anymore, and it needed to build another new theory system to suit the developing society. He wrote two masterpieces that proposed his ideas: The Theory of Moral Sentiments, which discusses the human development by analysing the human emotion, and The Wealth of Nations, which summarises the development of capitalism and it is also a foundation for today’s economy. This essay will analyse the self-interest, plays as a motivator role in morality and economy field, and benefits the development in that society. Moreover, will suggest some limitations of Smith’s idea. Self-interest plays a motivator role in morality field that makes people can consider themselves without destroying the ability of others to meet their own wants. Starting with some key terms that Smiths mentions in his books: selfishness means someone who only knows to satisfy himself without consider others’ feelings and it might deprives others’ happiness (Black 2006, p.8). Comparing to selfishness, the term ‘self-love’ means ‘pure ego’ (Fitzgibbons 1995, p.137), while the term ‘self-interest’ is an updated version of self-love, because it contains virtue and leads to self-love into a moral level (Fitzgibbons 1995,Show MoreRelatedThe Theory Of Moral Sentiments By Adam Smith1184 Words   |  5 Pages1740 ~ 1746, went to University of Oxford to study, although not got a good education, but read a lot of books.After 1750, in the University of Glasgow as a professor of logic and moral philosophy, but also in charge of school admini stration, until 1764 to leave.In 1759, the publication of the theory of moral sentiments, obtain high academic evaluation.In 1768, began writing the study on the nature and causes of the wealth of nations, referred to as the wealth of nations . Smith in heaven hadRead MoreThe Theory Of Moral Sentiments And The Wealth Of Nations1509 Words   |  7 Pagesthat he has done. From his books: The theory of moral sentiments and the wealth of nations. How can someone from two hundred and fifty years ago, a Scottish moral philosopher can still be relevant currently in 2016. Why is because of the questions that he asked in his two books above some of which have been through different editions like The Theory of Moral Sentiments. The author of this book Russ Roberts had not even read the book the Theory of Moral Sentiments until his friend Dan Klein at GeorgeRead MoreThe Theory Of Moral Sentiments By Adam Smith1381 Words   |  6 Pagesaspects of self-interest in words have been a political a nd standard observing writer’s delight. Adam Smith, an eighteenth century writer expressed his view on the very same subject of self-interest within his passages. Smith’s book, â€Å"The theory of moral sentiments (1759)†, communicates the characteristic of indulging oneself in acts according to the interest of the first person. 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