Adam Smith and Capitalism Essay

is only based on the strong surviving and the weak being trampled upon by such individuals.

Marx also presents a case where capitalism strips off human beings their humanity. This explanation given by Marx is true. Capitalism has led to people doing different work just to fulfill their needs or make ends meet. Most people do not follow their dream paths because of the way this society functions. Without a good job, it is rare if a person can live or make ends meet. Although this is a misconception that can be changed, unless everybody changes, the few cannot change this concern. One example is the kind of music being produced in the music industry currently. Most depict nude women and other vices in the society which need condemnation. The reason is to reach the highest market and get the maximum returns. This is a misuse of creativity, and it is what has been developed by a capitalist system. As such, the argument presented by Marx is true in that our morals have declined as well as our humanity.

It can be established that Marx is correct about capitalism, however, without a capitalistic system, progress will be limited. Communism can create an ideal society, but its approach to new things or aggressiveness of an individual might be taken for greed. As such, the system does present a challenge for the few individuals who want to try new things, path or process of doing a certain thing. The greed of the few is what has catapulted the world to what it is today. The technological advancement is the testament of a capitalistic system. As much as Marx sees

fault in a capitalistic system and prefers communism, capitalism is the ideal system of having a society that can handle any object in its way.