Why Is Capitalism Doomed By Karl Marx And Adam Smith

Every single human when born is able to do one thing, they are able to produce or create. We all have the ability to work. We can provide labour. Countless philosophers, politicians, economists and sociologists have shared views on this topic, in this essay I will be examining the works of Karl Marx and Adam Smith. I will be using their work to answer the question of “is capitalism doomed”. Greed and sectionalized social happiness (the wealthy social class) are both characteristic’s that are central to capitalism. It is a system in which citizens are given the illusion of choice in a so called free market system. In this paper, I will argue that capitalism is doomed because it is centered on the idea of exploitation and the alienation of the