As economists Adam Smith wrote "the architects of the demand-and-supply matrix, supported a limited definition of persons with no productivity . . . ... (Smith pg. 214) In the United States, completely free capitalism does not exist. ... Under socialism, the only labor is a legitimate source of income, and owners of capital are suspect (Crick, 1987 pg. 91) Adam Smith had argued that, capitalism was dependent on risk-takers, people with ambition who were willing to invest their money in pursuit of the goal of achieving wealth. ...

• Word Count: 3108
• Approx Pages: 12
• Grade Level: Undergraduate