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

History

Connor Mcguire

25 August, 04:56

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)

Know the Answer?

Marlon Heath · Answer 1

This statement ignores the process of revolution.

Scarlett Mccann · Answer 2

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.