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A.Smith& K.Marx -The role of individual- The task of political economy, Marx argued, was to understand all the presumptions within productive and social relations which made social life in a given form possible at a particular time.(Peterson,17). In some nations, as Hobbes states, the lives of the poor are "nasty,brutish and short", by contrast in other nations , the poor do better within same levels of wealth. The aim of political economy is to understand the processes that produce these differences. The two historical figures that analyzed capitalism were A.Smith and K.Marx. Their philosophy differ in the way each viewed the human conditions and the role of the individual. It could be argued that history has shown Smith to be right and Marx to be wrong but the fact is that each of these men understood capitalism on different terms although both had similar material aims. The main difference between Marx's and Smith's thoughts is found in the values that each concerned. Smith......

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