Adam Smith Vs Karl Marx: A Comparative Essay on Their Key Thoughts
4 Pages
1732 Words
Adam Smith was an eighteenth-century scholar eminent as the dad of modern economics, and a noteworthy defender of free enterprise monetary arrangements. In his first book, 'The Theory of Moral Sentiments', Smith proposed the possibility of an undetectable hand—the inclination of free markets to manage themselves by several methods such as rivalry, free market activity, and personal responsibility. Smith is...