Karl_Marx_Vs_Adam_Smith

Karl Marx Vs Adam Smith Adam Smith vs. Karl Marx Looking at the beginnings of civilization, one can identify a common theme between all nations. This theme was and still is that these civilizations were structured and divided according to different powers, no matter it being social, economic, or political power. The perfect system for economics and society have been based on a wide array of ideas, ranging from Social Darwinism to needs of all human beings. Adam Smith and Karl Marx were individuals who held widely differing political views on their ideas of the perfect government. Adam Smith has been regarded as the father of modern day economics, and Karl Marx is regarded as the father of communism. One of Smiths dramatic conclusions was that people mainly acted out of their own self-interests, and if permitted to follow their own interests it created natural social harmony and economic productivity. According to The Wealth of Nations, a greater division of labor lead to a greater amount of productivity. With division of labor, the process of manufacturing is broken up and branched into its very basic parts, the worker performs one or two basic acts instead of multiple tasks. According to Adam Smith, the size of a marx, smith, economic, nations, karl, government, economy, class, wealth, social, one, manifesto, ideas, greater, communist, adam, world, ruling, profit, political, own, over, means, between, according, working, wage-laborers, views, two, theme, system, society, size, should, serve, regarded