Adam Smith Versus Marx and John Maynard Keynes Analytical Essay by Top Papers

Adam Smith Versus Marx and John Maynard Keynes
An analysis of the views of Adam Smith on capitalism versus those of Marx and John Maynard Keynes.
# 142921 | 1,500 words | 4 sources | APA | 2009 | US
Published on Dec 01, 2009 in Economics (General) , Political Science (Marx / Engels)


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Description:

The paper discusses the vision of capitalism held up by Adam Smith and the various criticisms of capitalism launched by two of its most celebrated critics: Karl Marx and John Maynard Keynes. In particular, this paper discusses Smith's model of capitalism - paying special attention to his discussion of the division of labour - and compares Smith's conceptualization with that of Marx and Keynes. In the end, the paper shows how where Smith finds capitalism liberating, Marx finds it constraining.

From the Paper:

"Over the next several pages, this paper will discuss the vision of capitalism held up by Adam Smith and the various criticisms of capitalism launched by two of its most celebrated critics: Karl Marx and John Maynard Keynes. In particular, this essay will discuss Smith's model of capitalism - paying special attention to his discussion of the division of labour - and will compare Smith's conceptualization with that of Marx and Keynes. In the end, where Smith finds capitalism liberating, Marx finds it constraining; whereas Smith believes that capitalism allows for human beings to reach their full potential by focusing on the things they do..."

Cite this Analytical Essay:

APA Format

Adam Smith Versus Marx and John Maynard Keynes (2009, December 01) Retrieved April 19, 2021, from https://www.academon.com/analytical-essay/adam-smith-versus-marx-and-john-maynard-keynes-142921/

MLA Format

"Adam Smith Versus Marx and John Maynard Keynes" 01 December 2009. Web. 19 April. 2021. <https://www.academon.com/analytical-essay/adam-smith-versus-marx-and-john-maynard-keynes-142921/>

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