1. CAPITALIST IDEOLOGY: SMITH, DARWIN, AND SPENCER

2. I. Progress A. Progressivism B. Utilitarianism

3. II. Ideology of Capitalism A. Adam Smith—Anti-Mercantilism 1. America 2. Greatest good for the greatest number of people 3. Physiocrats a. Farm Restrictions b. Laissez-Faire B. The Wealth of Nations—1776 1. Law of Self Interest 2. Invisible Hand 3. Division of Labor– Pin Maker 4. Government Interaction

4. II. Ideology of Capitalism C. Other Capitalists 1. Thomas Malthus a. Population and Carrying Capacity b. Malthusian Check c. Capitalism 2. David Ricardo—Poverty

5. III. Darwin and Spencer A. Evolution before Darwin 1. Lyell—Inherited Traits 2. Social Evolution B. Charles Darwin— The Origin of Species, 1859 1. Natural Selection 2. The Descent of Man

6. III. Darwin and Spencer C. Herbert Spencer 1. Disagreed with Natural Selection 2. Survival of the Fittest D. Social Darwinism 1. Applied Spencer to Social Differences 2. Use