![]() Marx and Smith had different thoughts and drawing different conclusion on how things should be run, and yet to a certain extent both of them are correct. Both have different ideas, both have different agendas. Their idea was to formulate something that would run the basis of economy. They both have their flaws, yet they were both correct. Both are looking to see what makes the entire system run, and what the basis of economy truly is. What ideas did both men draw upon in order to formulate their ideas? What were their conclusions? Why were their conclusions so different? To what extent were they correct? Adam Smith and Karl Marx were considered to be amongst the best or if not the best economic theorists the world has ever seen.ĭespite seeming to be polar opposites, both Smith and Marx are fundamentally similar. In both cases their greatness rests on an unflinching confrontation with the human condition as they could best make out. “Adam Smith’s enormous authority resides, in the end, in the same property that we discover in Marx: not in any ideology, but in an effort to see the bottom of things. ![]()
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