Adam Smith and Karl Marx Essay

1267 Words 6 Pages
The task of political economy, Marx argued, was to understand all the presumptions within productive and social relations which made social life in a given form possible at a particular time.(Peterson,17). In some nations, as Hobbes states, the lives of the poor are "nasty,brutish and short", by contrast in other nations , the poor do better within same levels of wealth. The aim of political economy is to understand the processes that produce these differences. The two historical figures that analyzed capitalism were A.Smith and K.Marx. Their philosophy differ in the way each viewed the human conditions and the role of the individual. It could be argued that history has shown Smith to be right and Marx to be wrong but the fact is that each …show more content…
Marx believes that in his society labor activity is not a pain since one class isn't forced to work for the other. Thus, for Marx the needs and capacities of labor are universal.

Activities of people determine how they develop their capacities and the society determines the result of these activities. For Marx, human nature is changeable and that new social conditions create new kinds of individuals. So, Marx disagrees with the fact that capitalism is inevitable because it is formed of basic human desires. Marx would argue that capitalist society itself creates those desires.

Because humans create the social and natural environment and as a result improve themselves during this process, they become historical beings. They have the power to decide their future and change things. In fact, the ability to control one's future and develop in the process is how Marx describes freedom. His freedom is positive on one hand and social on the other. It focuses on the capability of activity, many of which are social and therefore can be appreciated without other individuals.(Moon,8-10) In order to understand Marx's human nature, we have to take a close look at alienation. The

More about Adam Smith and Karl Marx Essay

Open Document