Capital as power and class struggle explained by… Adam Smith?!

In any given society, there is no freedom of contract between capitalist and worker, whose interests are essentially opposite. The power of a landlord, a manufacturer, a merchant resides in his wealth, explaining the inherent subjection of laborers, which lack almost any means, and their subjugation to capitalists. Capital as Power.
Those Marxists…  But this one is from– Adam Smith. Really?!



Karl_Marx Adam Smith

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3 Responses to Capital as power and class struggle explained by… Adam Smith?!

  1. Pingback: En annan Adam Smith | Alternativ ekonomi


  3. Joachim Lund says:

    Adam Smith even wrote how “Laws and government may in this and indeed in every case be considered as a combination of the rich to oppress the poor”.

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