Now, Adam Smith's views greatly differ from those of Marx and he would definitely criticize Marx's vision of the communist society. ... Smith believes that division of labour will lead to universal opulence. ... Therefore, according to Smith, division of labour is essential for a well-governed society. Smith also believes that a well-governed society is essential for the existence of human beings. ... For Smith, capitalism is the best form of society, and for Marx, communism is the ideal society....

• Word Count: 922
• Approx Pages: 4
• Grade Level: Undergraduate

"This was the kind of capitalism that Adam Smith, the Scottish economist, had called for in his master work, The Wealth of Nations.... Smith said that if individuals were allowed to invest their own money for personal gain, the production of wealth would greatly increase (Biography, n.d.). ...

• Word Count: 664
• Approx Pages: 3
• Has Bibliography

The family is the fundamental basis of our society. Without the family we simply would cease to exist. Even if men and women were to continue reproducing, our society would certainly fail without the strength of the family to raise the children and make new leaders out of them. Karl Marx and Adam...

• Word Count: 787
• Approx Pages: 3
• Grade Level: High School