Compare/contrast the economic theories of Adam Smith and Karl Marx, paying particular attention to their understanding of the division of labor, alienation and human nature/happiness. Which theorist do you find more compelling, and why?
3-4 pages double spaced, times new roman.
attached are references needed. use only these readings and my lecture notes.
– Paragraph 1: Division of labor Smith vs Marx
– Paragraph 2: Alienation Smith vs. Marx
– Paragraph 3: Human nature/ happiness Smith vs. Marx
– Paragraph 4: Which theory is more compelling? (why)
– Conclusion: short conclusion