Explain.

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For your initial post, in a manner that is both concise and complete, do the following:
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(1) Do your best to give a summary of the readings and the positions of Smith and Marx (In the case of Marx, particularly as it involves his critique of capitalism).
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(2) Give a basic account of their justifications for their positions. Be explicit and explain and elaborate on your answers.
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(3) Contrast the differences between Smith and Marx’s positions (include examples).
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(4) Even if you do not agree with Marx’s position (or find yourself more inclined toward capitalism), does Marx have some valid concerns? Give your reasons.
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(5) Are there any caveats that should come with Marx’s position? If so, why? Explain.
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(6) Lastly, where do you see yourself? Do you gravitate toward Marx’s critique of capitalism or Smith’s view that capitalism can improve the lives of all, or do you take some integrated approach between the two? Be explicit and explain your answer with a detailed response.
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Please answer all questions and use the literature provided.

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