Adam Smith on the Rise and Fall of Wealthy Societies

There were two great works published in the year 1776, 'The American Declaration of Independence' by Thomas Jefferson, and 'The Wealth of Nations' by Adam Smith. Humans are naturally poor. Think about the most natural state of humanity that you can think of, people with pointy sticks and huts made out of sticks and mud. So, the first question is, "How does a society become wealthy?" Smith is clear on the answer to this. In Book 1 of 'The Wealth of Nations' he says: "The greatest improvements in the productive powers of labour, and the greater part of the skill, dexterity, and judgment with which it is anywhere directed or applied, seem to have been the effects of the division of labour.” He has multiple chapters on the division of labor. Here's another quote from Book 1 that expands on the idea: "It is the great multiplication of the productions of all the different arts, in consequence of the division of labour, which occasions, in a wel...