Similar Principles of the Natural and Economic...

Similar Principles of the Natural and Economic Environments By examining Darwins theories of evolution, which explain the process by which the phenomenon of evolution occurs, we get a grasp of a broad picture of the natural world with all its relationships and dynamics. Likewise, Adam Smith explains the economic world of Laissez-Faire capitalism in abstract, holistic terms, creating a general picture of its components. In studying both systems---one, the law of the wild, and the other, a system imposed by humanity---we can see how similar they are in their mechanisms, despite the fact that they apply to completely different settings. Therefore it is no surprise that Smiths capitalist system brings human society closer than ever to†¦show more content†¦The difference between the creatures of the natural world and humans is in the aims of their motivations: the formers goal is to prolong life, while the latter wish to increase wealth. Smiths economy is ruled by supply and demand, or what things people need (or want), and how much. Therefore, it is self-regulating, and needs no control from an outside source. The weak and poorly suited will fail to profit or even survive, and eventually will dwindle out of the system. The strong and fit will continue to devise means of profit-making in increasingly creative and progressive ways, thus guaranteeing their survival. As a result, both the consumer society and the economy benefit, for needs are provided for and money is made, and the weak, incompetent members of society will die off, leaving humanity stronger overall. Furthermore, Smiths notion of `the invisible hand is precisely analogous to natural selection itself. Both of these ideas seem to dictate the systems they define, as though they have some sort of power or consciousness directing their progress; but, in fact, it is the opposite that is true: these `laws merely describe how their respective systems operate, and they cannot be altered. While this idea of Capitalism as human evolution within society may seem beneficial or progressive, putting such theory into practice is far different. The industrial revolution in England endorsed laissez-faire capitalism, and soon the extent of human sufferingShow MoreRelatedCharles Darwin s Theory Of Evolution918 Words   |  4 PagesEvolution is the most successful theory of it’s kind. Darwin’s idea of Natural Selection has found success not just in the organic world, but also in human society. This is no coincidence. After Darwin’s Beagle voyage, he returned to England during the Industrial Revolution. As a man of wealth, Darwin acted as a first-hand witness to the societal changes occurring around him. 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