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Essay / Research Paper Abstract
This 8 page paper examines Adam Smith and Karl Marx's very different views on human nature. Capitalism and communism are compared and contrasted. The paper ultimately supports capitalism as more consistent with human nature. Bibliography lists 3 sources.
Page Count:
8 pages (~225 words per page)
File: RT13_SA615MaS.rtf
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Unformatted sample text from the term paper:
the subject, but it had been a good fight. Today however, people applaud free trade and capitalism and democracy and see mans nature as needing to be free. They see
capitalism as a driving force and that is good. Communism, after all, only created poverty and failed dismally. That is one view. Yet, it is the view of early thinkers
like Adam Smith. Smith (1994) writes: "After all that has been said of the levity and inconstancy of human nature, it appears evidently from experience that a man is of
all sorts of luggage the most difficult to be transported. If the labouring poor, therefore, can maintain their families in those parts of the kingdom where the price of labour
is lowest, they must be in affluence where it is highest" (p.86). This interesting quote from Adam Smiths (1994) Wealth of Nations suggests that if someone is working in one
place, where labor is cheap, he will have a different status in an area where labor is costly. This idea may be applied in modern day terms to illustrate a
point. That is, many people have felt the pinch of living in high priced areas. They realize that with the high cost of living, they may be making a lot
of money, but they are also spending a lot. Upon retirement, they can sell a home in the Northeast, make a nice profit and move to the South where living
is less expensive. They can move up in a way simply by moving somewhere else. In Adam Smiths example, he explains hat people struggle to make ends meet, but
the point is that they do make ends meet. They can automatically increase their affluence by commuting to an area where they can earn more money. Another example is that
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