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Essay / Research Paper Abstract
This 5 page paper looks at Adam Smith and Karl Marx's views in respect to happiness. Their different ideas are compared and contrasted.
Bibliography lists 2 sources.
Page Count:
5 pages (~225 words per page)
File: RT13_SA148SaM.rtf
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views in respect to happiness. Their different ideas are compared and contrasted. Bibliography lists 2 sources. SA148SaM.rtf
Can Capitalism Lead to Human Happiness? It is an age old question, and one that has been pondered for years by famous individuals as well as ordinary men. Some
believe that the striving for wealth, or the Protestant Work Ethic, has been an important contribution to happiness. People have something to look forward to, and even if they are
not rich, in a democracy that supports capitalism, they are free to make choices and have opportunity. The other side of that argument is that man is not free because
it is the business owners who reap the profits, which leaves many disgruntled employees forced to work just to make ends meet. People in capitalist societies are not really free.
It is only an illusion. While Smiths work is related to economics, the concepts he expounds upon are really relevant to individuality.
Free market ideology supports entrepreneurship which is related to individual choice as opposed to the will of the government. The tug of war between government and the people ends when
freedoms are expanded. For example, in a communist government, individuals cannot make their own decisions but in a capitalist system, choice may be unlimited. Smith says: "When a
nation binds itself by treaty either to permit the entry of certain goods from one foreign country which it prohibits from all others, or to exempt the goods of one
country from duties to which it subjects those of all others, the country, or at least the merchants and manufacturers of the country, whose commerce is so favoured, must necessarily
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