Political Economy Is Basically A Debate Between Adam Smith And Karl Marx International Relations Essay

3468 words - 14 pages

School of Government and Society
Student ID No:
Programme of study:
Political Science and International Relations
Module title:
Understanding Politics
Module banner code:
POLS 101
Word Count*
Module leader:
Dr. Peter Burnham
Seminar Teacher
Mattias Hjort
Submission date:
4 December 2017
Assignment title:
“Political economy is essentially a debate between Adam Smith and Karl Marx”. Discuss.
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*Word Count: should not include coversheet, essay title, data in tables, the bibliography and any appendices.
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“Political economy is essentially a debate between Adam Smith and Karl Marx”. Discuss.
Smith has been described as the father of political economy (and economics in general),[footnoteRef:1],[footnoteRef:2] and classical political economists such as Say argue that their discipline would be non-existent without Smith. Smith aggregated elements of previous theorists into a coherent analytical framework for the study of socioeconomic relations.[footnoteRef:3],[footnoteRef:4] Smith’s work was...

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