In the writings of the Compte de Sainte Simon, Robert Owens, and Karl Marx, an alternate perspective- other than laissez faire\u00a0capitalism- regarding industry is approached. Adam Smith- a strong proponent of the productivity that the division of labor supplied the economy- stated that industrial perspectives were the ideal way to support the economy. However, these three writers offer contrasting perspectives that certainly align more with socialism. In “Estranged Labour,” written in 1844, Marx specifically discusses how these economic changes towards industry will actually cause a cultural collapse. Instead of the idea that Smith discusses where industry will expand our economy through efficiency, Marx notes that this move will actually sever the two classes, of which only one will economically benefit.\u00a0Smith’s focus of production proves to Marx that the quantity of production has overshadowed the quality of lives of those producing the goods. Marx sees that society will become even more divided and the property and factory owners will excel- be able to buy afford more, have more choice due to expanded production, etc- and yet those doing the producing will see none of the benefits of what they create. The gap between the classes will be entirely exacerbated as the workers will never live in the type of society that the goods they produce belong to. Not only does these create an economic gap, but also a largely societal one where the owners and the producers cannot relate on a basic human level: the owner does not respect the worker and the worker resents the owner.<\/p>\n
In the writings of the Compte de Sainte Simon, Robert Owens, and Karl Marx, an alternate perspective- other than laissez faire\u00a0capitalism- regarding industry is approached. Adam Smith- a strong proponent of the productivity that the division of labor supplied the … Continue reading