Please enable JavaScript.
Coggle requires JavaScript to display documents.
3 key thinkers - Coggle Diagram
3 key thinkers
Karl Marx
Core Ideas
-
he believed in the class struggle and was concerned with the exploitation of lower classes by upper classes
believed in the labour theory of value where a good or services exchange value is measured by the amount of labour required to produce it
-
-
-
-
Adam Smith
-
-
-
critiques
-
his belief about self interest being the best/very good driver for economic activity can have very bad outcomes e.g. firms causing pollution of the environment for their own gain
-
-
-
-
-