• CommieElon [he/him]
    ·
    4 years ago

    As a Marxist, I look at Adam Smith as an economist who was examining the necessary advancement of political economy. The wealth of nations is a book that mostly observes the emergence of a new economic system. We all believe in historical materialism, Adam Smith fits right in for us because he advocated for a newer and more efficient economic system which was an improvement over the mercantilism of the day.

    He also correctly identified the contradictions and drawbacks of Capitalism just as it was getting started. I never read his other book but it’s the opposite of “men only act in their self interest” or so I’ve heard.

    • cum_drinker69 [any]
      ·
      4 years ago

      No no no, you're wrong. You don't like Adam Smith because it's made up nonsense, you're like the half (HALF!) of reddit that loves Capital, which by the context of this post in supposed to understand is the real made up nonsense.