During the break, I continued reading key primary sources on economic ideologies and systems in chronological order. I am currently making my way through the following texts:
Capitalism:
- 16th Century – Mercantilism and Early Capitalist Thought: The Wealth of Nations by Adam Smith (1776)
- 18th Century – Enlightenment Era: Two Treatises of Government by John Locke (1689)
- Late 18th to 19th Century – Industrial Revolution: Principles of Political Economy by David Ricardo (1817)
- Late 19th Century – Austrian School of Economics: Principles of Economics by Carl Menger (1871)
- 20th Century – Neoliberalism and Chicago School: Capitalism and Freedom by Milton Friedman (1962)
Socialism:
- Early 19th Century – Utopian Socialism: New Christianity by Robert Owen (1817)
- Mid-19th Century – Marxist Socialism: Das Kapital by Karl Marx (Volume 1 published in 1867)
- Late 19th Century – Revisionist Socialism: Evolutionary Socialism by Eduard Bernstein (1899)
- 20th Century – Democratic Socialism: The Future of Socialism by Anthony Crosland (1956)
I won’t be moving on to applying this knowledge specifically to AI and data until I have attended my first supervision meeting. The rationale for, scope and proposed format of my project therefore hasn’t changed from my last blog post of semester 1.
I therefore intend to ask my supervisor generally for their opinion on my project’s scope. I have concerns that my topic is too broad, but I hope that the creative output format will allow for flexibility in addressing this issue. Generally, I hope to gain an understanding from my supervisor of how feasible my project idea is and of any changes I need to make to the idea in order to meet the EFI’s expectations.
Curated using ChatGPT 3.5 by OpenAI. For more information visit chat.openai.com.
