All three of the historians that we examined had different viewpoints regarding economics than did Adam Smith. While Smith believed laissez-faire capitalism was the best economic method a country could employ, his opponents (Marx, Saint-Simon and Owens) all believed that it belittled the poor to such an extent that it was not a viable option. Although the capitalist method increases production to unforeseen levels, it creates an undeniable divide between social classes. The owners of the companies become much richer than the working class people, while all they have to do is sit down and watch the money being made in front of their eyes.… Read the rest here
Tag Archives: Smith
Hungry, Hungry Hippos
[Marx, St. Simon, and Smith enjoy a casual evening gamenight together: The three are gathered in a small, softly lit apartment. Plainly furnished and with a worn in feel it could be any of the three. They are conversing easily around a small board game table and Smith reaches down into a bag at his feet]
Smith: [while rummaging around] Well…since it is my week to provide entertainment, I have brought choices! Three classic games for us to choose from.… Read the rest here