Economic Philosophy Collection

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Wordsworth Classic Economic Philosophy Collection gives you the chance to compare two economic theories. Capital by Karl Marx critiques capitalism and argues for a socialist revolution, focusing on the exploitation of labor. Wealth of Nations by Adam Smith argues for free-market economics, emphasizing the role of self-interest and division of labor in promoting economic growth. While both address economic systems, they present very different views on the role of the state, the value of labor, and the distribution of wealth.

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