169k views
18 votes
Use the following quote from Karl Marx to answer the question below:

"Capital is reckless of the health or length of life of the laborer, unless under compulsion from society."

Source: Marx, Capital, Volume I, Chapter 10 (1867)

In what way is this statement consistent with the ideas of Adam Smith?

Smith knew that the invisible hand of the market was not concerned with the health of the laborer.
Smith thought that capitalism was a devastating concept which would bring misery to the masses.
Smith understood that socialists' reforms were important for the maintenance of the capitalist system.
Smith recognized that capitalism was only a short transition period on the way to communism.

User Jcaliz
by
3.4k points

2 Answers

8 votes

Answer:

capital in assets is to be operated by labour irrespective of the condition of the labourer. This is to increase the profit margin of the capitalist thereby overworking labour

User Haltersweb
by
3.1k points
5 votes

Answer:

answer is a for flvs

User Elkebirmed
by
3.6k points