NRinger_KarlMarxvs.AdamSmith_WrittenAssignment_12052011

NRinger_KarlMarxvs.AdamSmith_WrittenAssignment_12052011 -...

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Karl Marx vs. Adam Smith Written Assignment Political Thinking Monday, December 05, 2011 Natalie C. Ringer Rasmussen College Both Karl Marx and Adam Smith had very different beliefs and were both influenced by the ways of the world at their time. They both were the beginning of
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Written Assignment 2 different feelings and each man had points that fell behind the beliefs that they shared and the differences in the beliefs that they had as well. Adam Smith Karl Marx Father of Capitalism and Modern Economics Founder of the economic system known as communism Believed in the role of the free market and laissez-faire structure. His ideas had major popularity in which people found themselves living in Marxist regimes. Move Europe from a feudal society to free trade, globalization and open markets. Published the Communist Manifesto that called for “workers of the world to unite” and rise against the bourgeoisie classes. Believe that when people went after their self interests they will promote the good of
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Unformatted text preview: society. He influenced many people who were prominent rulers of foreign countries. Believed that political policy create a better social life in which a ruling set of values and institutions that combine women and men together. His influence caused many social revolutions around the globe and disagreed with capitalism and thought it had caused a situation that very few people held a piece of the wealth. Connected readily with various branches and sub-disciplines of philosophy (law and economics). Marxism builds upon this tension and states that capitalism will eventually destroy itself. Was always searching for a way to contribute more to society. Marx was not wealthy and relied on others to help him survive. He seemed to be more aof a collaborate than the innovative type of personality. Deutsch, K. L., Fornieri, J.R., (2009). An invitation to political thought. Belmont, California: Wadsworth Cengage Learning. Written Assignment 3...
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NRinger_KarlMarxvs.AdamSmith_WrittenAssignment_12052011 -...

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