The passage below is an excerpt from Adam Smith's The Wealth of Nations (1776). Use the passage to answer the following question:

The market price of every particular commodity is regulated by the proportion between the quantity which is actually brought to market, and the demand of those who are willing to pay the natural price of the commodity ...-Public Domain

Why would Karl Marx disagree with Smith's statement?

Question

Hana Roman

History

1 October, 19:12

The passage below is an excerpt from Adam Smith's The Wealth of Nations (1776). Use the passage to answer the following question:

The market price of every particular commodity is regulated by the proportion between the quantity which is actually brought to market, and the demand of those who are willing to pay the natural price of the commodity ...-Public Domain

Why would Karl Marx disagree with Smith's statement?

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Answers (2)

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Antony Villarreal · Answer 1

It was not that he just didn't agree with Adam Smith and his veiws, Karl Marx disliked/opposed capitalism. Plus Karl Marx tought the government should regulate privite affairs and Adam Smith thought the government should stay out of privite affairs. These two men are know for there political veiws and they were polar opposites on most things.

Alvaro Mckay · Answer 2

This statement ignores the process of revolution.