Smith and Marx

A. smith& K.Marx -The role of individual- The task of political economy, Marx argued, was to understand all the presumptions at bottom productive and tender relations which made social invigoration in a given form possible at a particular time.(Peterson,17). In some nations, as Hobbes states, the lives of the curt are nasty,brutish and short, by contrast in new(prenominal) nations , the poor do better within same levels of wealth. The beat of political economy is to understand the processes that produce these expirations. The two historic figures that analyzed capitalism were A.Smith and K.Marx. Their philosophy differ in the mien individually viewed the human conditions and the role of the individual. It could be argued that history has shown Smith to be right and Marx to be wrong but the accompaniment is that each of these men understood capitalism on incompatible terms although both had similar material aims. The main difference between Marxs and Smiths thoughts is found in the values that each concerned. Smith suggested that the economic process can be ever unchangeable in its natural stage as individuals look their own advantages.If people are left free they pass on try to improve the quality of their lives.This can be achieved in two ways : by individual effort or at someone elses expense.

Most individuals will search for or make something that others will pay for rather than live at someone elses expense. On the other hand, Marx noticed a emergence reason among the working class of golf-club which he believed was organise by economic development and that would create a alteration of the whole social system: He asserts that it is not the consciousness of men that determines their existence , but their social existence that determines their existence.At a certain stage of development , the material productive forces of society come into conflict with the existing relations of production...Then begins the era of social revolution . (Marx,140) Marx is talking about consciousness and the... If you want to perish a full essay, order it on our website: Ordercustompaper.com

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