Ideal Ideal: Comparison, Contrast, and Synthesis of Marxist Socialism and Adam Smith's Capitalist ideals
Date Submitted: 05/03/2004 16:12:49
Category: / Social Sciences / Politics
Length: 7 pages (1790 words)
Category: / Social Sciences / Politics
Length: 7 pages (1790 words)
Ideal Ideal
The Industrial Revolution and its shifts in economic thinking can easily be considered one of, if not the, most influential elements shaping the western world as we see it today. These shifts in thinking, rooted in the writings of many 17th and 18th century philosophers, led to shifts in legislation, political structure, and new class lines were drawn. The function of this new system, the capitalist system, has been pondered, discussed, and written …
Is this Essay helpful? Join now to read this particular paper
and access over 480,000 just like this GET BETTER GRADES
and access over 480,000 just like this GET BETTER GRADES
…be effective for the entire class structure. By taking elements of both, a more just society that promotes excellence through competition, as well as equity of opportunity, a more just society can be formed. Both capitalist and communist views represent utopian societies, but neither functions as intended. Only through a regulated capitalist market coupled with social reform and equitable legislation can a society exist which rewards hard work and shows compassion toward the working class.
Need a custom written paper? Let our professional writers save your time.