Write a letter as if you are Adam Smith to Karl Marx, or Karl Marx to Adam Smith. Explain your ideas on economics (capitalism vs. socialism) and why they are better. Your response should be in a letter format, including a greeting, body, and farewell. It must contain at least one paragraph.

Can I get help writing this letter?

Answers

Answer 1

Answer:

I am Adam Smith

Explanation:

Dear Karl Marx

I write to you to explain, respectfully, why your economic theories are wrong.

First of all, capitalism is not doomed to fail as you say. Capitalism is the best economic system we have developed so far. Capitalism allows the free movement of goods and services, and the accumulation of capital, which leads to economic growth, and the subsequent rise in the standards of living. You yourself recognize this fact.

Secondly, capitalism is not fundamentally unfair. It is true that entrepreneurs tend to earn more than workers, but this is because they risk more than them: they risk their capital and savings, and if the business fails, they could find themselves ruined and in debt.

Finally, I do understand that there are flaws with the system, and I support intelligent intervention to solve these flaws. But it is not socialism nor communism what will solve those flaws.

Sincelery, Adam Smith.


Related Questions

If you lived in Mesopotamia between 3500 BCE and 300 BCE, how might the Tigris and Euphrates rivers have impacted your daily life? The map might help support your thinking.
Write or draw your response in the box below.

Answers

Answer:

Religion was central to Mesopotamians as they believed the divine affected every aspect of human life. Mesopotamians were polytheistic; they worshipped several major gods and thousands of minor gods. In early Mesopotamia, priests were the initial rulers as all authority came from god.

Explanation:

The San Antonio missions were built

Answers

Answer:

reminders of the extent of Spain's dominion north from Mexico.Established in 1720

Explanation:

How could political campaigns be improved

Answers

Answer:

By letting others speak while one is talking, by getting to the point about a topic, and also by being respectful towards one another because it's a campaign to prove your point, not be rude and judgmental.

Explanation: Hoped this helps! :)

What is the relationship between CORU and anti-communism?

Answers

Answer: Terrorism as an element of the fight against communism.

Explanation:

CORU (The Coordination of United Revolutionary Organizations) is a terrorist organization that fought against Castro in Cuba and communism. It was a militant group that forcibly wanted to remove Castro. The founding of this organization is tied to former CIA members. The organization tried to fight communism and Fidel Castro by planting bombs, assassinations, and other illegal methods.

Someone who traveled to Chavín do Huántar around 1000 BCE would probably be seeking A. favor from their kinship group B. spiritual retreat and access to trade. C. a new route to explore the world, D. weapons of war

Answers

Answer:

The correct answer is - B. spiritual retreat and access to trade.

Explanation:

In Chavin culture around 900 BC to 1000 BC, there was Chavin de Huantar region which is known for their religious and spiritual center where people used to travel for their religious events, spiritual ceremonies, and retreats.

It has many temples that are known for their engineering and artwork with many buildings and structures designated as the Major Plaza, the Circular Plaza and other temples. It was also used for trade and economical benefits. This city was a prominent site for the Chavin.

?
Which of the following countries is NOT a
location of a genocide or ethnic cleansing?

Answers

Answer: c italy

Explanation:

I think it’s Italy because I’ve heard of the others but nothing in Italy

What event might a military historian use as evidence that the Americans were better
fighters than the British during the American Revolution?

Answers

Answer:

The Battle of Saratoga

Explanation:

The battle of Saratoga which was fought on September 19 and October 7, 1777, in which Americans came off victorious is evidence that the Americans were better fighters than the British. In that battle, British forces led by General John Burgoyne advanced towards the American forces in New York City moving Southward, with the hope that some other forces were marching Northward and Eastward to join him in the battle.

That was not to happen as the American forces who were not as experienced as the British forces trapped the General and his military men and this eventually resulted in their surrender on October 17, 1777.


What did de Niza say he saw at Hawakuh and answer it really plz?!

Answers

Answer :He said he reached the first city and saw it

Explanation:because his companion had been killed there

Because his companion got killed there

What kinds of maps do demographers used to show population density check all that apply.

Answers

Answer:

The correct answer should be choropleth maps with shaded areas, dot density maps with dots in different numbers, and graduated point maps with circles in different sizes.

Explanation:

Hope you got it.

Mark as Brainliest please.

Answer:

b d e

Explanation:

got it right

What word describes the fact that democracy can take different forms to suit the needs of
different countries?
Dictatorial
Autocratic
Inflexible
Adaptable
Od

Answers

Adaptable, because the other words suggest rigidity, and democracy needs to be able to adapt to different countries.

What did the Great Schism split?
A
the Holy Roman Empire and the Byzantine Empire
B
the Roman Catholic and Eastern Orthodox Churches
C)
the Eastern Orthodox and Russian Orthodox Churches
D
the Church of England and the Roman Catholic Church

Answers

Answer:

B) the separation between the Orthodox Churches in the East and the Roman Catholic Church in the West

I just took the quiz it’s d

Muhammad's message was received by the leaders in mecca. true or false.

Answers

Answer:

true we love muhammad

Explanation:

Answer:

true

Explanation:

Number the events in
the order in which they
happened.
Revere and Dawes
warn that the
British are coming.
Battle of Concord
British soldiers
ordered to destroy
the Massachusetts
militia's weapons.
Battle of Lexington

Answers

Answer:

1. British soldiers

ordered to destroy

the Massachusetts

militia's weapons.

2. Revere and Dawes

warn that the

British are coming.

3. Battle of Lexington

4. Battle of Concord

Explanation:

I'm not sure how accurate the order is, but it made sense to me for the British soldier to go to Massachusetts, only for Revere and Dawes to find out and warn the others. I'm also pretty sure the weapons were stored in Concord.

Philip II defeated the Greeks at the Battle of a. Troy. c. Chaeronea. b. Alexandria. d. Greece. Please select the best answer from the choices provided

Answers

Answer: C

Explanation: Philip ll destroyed the Greek at the battle of Chaeronea in 338 BC!

Hope this helps, if not, comment below please!!!

Answer:

Chaeronea

Explanation:

Please give brainliest.

Examine the map below. In which of the following locations did a revolution
of the poor turn into a revolution that won the country's independence while
keeping old social structures in place?

A. Region C
B. Region D
C. Region B
D. Region A

Please please answer I will give brainliest

Answers

The awnswer is region b

Answer:

Region A

Explanation:

a p e x

What was the washington administration's response to the anti-federalists belief in the importance of state sovereignty?

Answers

The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

The Washington administration's response to the anti-federalist's belief in the importance of state sovereignty was that United States President George Washington was smart enough to form a cabinet with people he trusted and included different points of views and backgrounds, but loyal to him. This way, President Washington could calm anti-federalists' views that critiqued the central government system that Washington favored.

That is why Washington choose federalists Alexander Hamilton as his Secretary of the Treasury but selected antifederalist Thomas Jefferson as his Secretary of State.

The initial reaction of the Washington administration towards the anti-federalists' commitment to excellence of national sovereignty was that All us President Washington was wise enough to assemble a cabinet of people he trusted, who represented a variety of viewpoints and backgrounds while remaining loyal to him.

This allowed President Washington to appease anti-federalists who criticized the central government structure he supported.

Learn more:

https://brainly.com/question/18384338?referrer=searchResults

Looks like you're going to the shadow realm jimbo

Answers

What is that suppose to mean?-

Answer:

meme + Yugioh reference

Explanation:

To achieve a victory in Europe, the Allies needed to create an effective

A sea and air attack.
B two-pronged attack.
C three-pronged attack.
D sea and ground attack.

Answers

Answer:

Correct answer is C. three-pronged attack.

Explanation:

C is the correct answer because Allies had to attack Germany first of all from all sides. That is why Operation Overlord was put into motion. Anglo-American forces were to attack the German forces on the shores of Normandy while in the same other Allied forces, first of all Soviet will push forward from east and south. Eventually, this led to collapse of Axis Power.

Therefore, all other options are not correct as they were not sufficient.

Answer:

To achieve a victory in Europe, the Allies needed to create an effective

sea and air attack.

two-pronged attack.

three-pronged attack. ******* <B> CORRECT ANSWER <B>

sea and ground attack.

Explanation:

Edge 2021

HELP PLEASE!!
Which of the following factors contributed most to the Bolivarian revolutionary movement?
The passivity of the ruling class
The reaction to increasing domestic tyranny
The rise of a distinct Latin American ethnic identity
The geographic distance between Spain and its colonies

Answers

Answer: The rise of a distinct Latin American ethnic identity.

Explanation:

Most of the revolutionary movements were national movements as well. The French Revolution and the American Civil War were an incentive for the Bolivian people to fight for freedom from the occupiers. The nineteenth century was characterized on a global scale by strengthening nationalism and the awakening of national consciousness. Bolivia was also no exception. Following the pattern of other fighters for their own identity, the people of Bolivia sought liberation from the occupiers through the revolution.

main reason to down fall of caliphate

Answers

Answer:

Terrorism

Explanation:

In which of the following governmental systems can the chief executive make a policy decision and have it carried out by the cabinet without involving the legislature?
A.in both a presidential system and a parliamentary system
B.in neither a presidential system nor a parliamentary system
C.in a parliamentary system
D.in a presidential system

Answers

C is the correct answer. Parliamentary allows the leader to enforce and enact laws without involvement from legislative board. President system however requires approval from Legislative and Judicial senate and/of House of Representatives

What is drought explain it​

Answers

Answer:

a period when there is low rainfall and there is low amount of water in the place

Explanation:

shortage of water

The outcome of the French wars of religion can best be described as political unity
A. with toleration of Huguenots.
B. plus equal rights for Huguenots and Catholics.
C. with acceptance of Huguenots.
D. only

Answers

Answer:

A. with toleration of Huguenots.

Explanation:

The idea that peace and religious disunity are not unconditionally incompatible has developed despite widespread intolerance. Generally speaking, at that time the question of faith was inseparable from civic loyalty.

In reality, the edict went in favor of Catholicism, which was declared the main religion and which had to be re-established throughout the kingdom. Protestants had to pay Catholics a dozen and respect Catholic holidays and restrictions on marriage.

Answer: A. With toleration of Huguenots

Explanation:

what significant lesson have you learned from the story sinigang?how will you apply it in your own life​

Answers

The correct answer to this open question is the following.

The significant lesson have I learned from the story Sinigang could be that people are prone to make mistakes in life. Some light mistakes, but oftentimes, critical mistakes. In the end, you have to be humble to accept your errors and ask for forgiveness.

I will apply it in your own life​ by knowing that I have made my own mistakes, but there have always been people right next to me to help me, no matter the circumstance. And if people have helped me in the past, I have to be there for them when they commit a mistake and need a helping hand. I will be the one standing there, next to them, to lend a helping hand in the difficult times.

"Sinigang" was written by Marie Aubrey J. Villaceran in 2001.

1. The significant lesson that can be learned from the short story "Sinigang" by Marby Villaceran is that forgiveness takes a difficult process to achieve, unlike the initial wrong.

Liza's father had an illicit affair with Sylvia.  Liza did not know that she had a stepbrother from another woman. Adultery always puts loved ones asunder. Liza met her stepbrother as he lay in state.

Sylvia confessed her sin to Liza at the burial of Lem and extracted forgiveness from Liza.  But the father could not emulate Sylvia. Unrecognized, this lack of forgiveness caused the daughter-father relationship to suffer irreparable damage.  Liza could not bring herself to lovingly cook her father's favorite dish, the sinigang, for him again.

2. The lesson is for every man to recognize that unguarded behaviors can damage intimate relationships.  When one errs, always ask for forgiveness, and then, resolve to improve.

Thus, Marby Villaceran's short story is filled with significant lessons.

Read more about a story's lesson at https://brainly.com/question/20225130

Which of the following best defines a megalith?
a.
huge stones used as monuments
b.
a temple made of wood
c.
a large mammal that lives in the Asian tundra
d.
a ruler or king of an ancient kingdom


Please select the best answer from the choices provided

A
B
C
D

Answers

A: huge stones used as monuments

Answer:A.

Explanation: megalith: huge stones used as monuments

Please help me out with this one

Answers

Answer:

D

Explanation:

I think d because it makes more sense than the rest of the options I'm not sure though

I need help please?

Answers

Answer:

Influx of gold and silver

From an economic viewpoint the discovery of new silver and gold deposits as well as the productivity increase in the silver mining industry perpetuated the price revolution. ... Also during this time the Spanish and Portuguese brought a large amount of gold from the New World to Europe.

2. Jean-Jacques Rousseau shared many beliefs with other great thinkers of the Age of Reason and of the Enlightenment era. However, on one  point he differed from most of them. Which
point was that?
Rousseau believed that human nature is essentially good.
Rousseau believed that equality was not possible, even in a perfect world.
Rousseau believed that no god exists unless humans create one.
Rousseau believed that government was always evil.

Answers

Answer:

Rousseau believed that equality was not possible, even in a perfect world.

Explanation:

Jean-Jacques Rousseau shared many beliefs with many great thinkers of the Age of Reason and the Enlightenment Era, and he differed on one point that is Rousseau believed that equality was not possible, even in a perfect world.

Who was Jean-Jacques Rousseau?

Jean-Jacques Rousseau turned into a Genevan philosopher, writer, and composer.

His political philosophy encouraged the development of the Enlightenment all through Europe, in addition to factors of the French Revolution and the improvement of cutting-edge political, economic, and academic thought.

Thus, the correct statement is Rousseau believed that equality was not possible, even in a perfect world.

learn more about Jean-Jacques Rousseau here:

https://brainly.com/question/6754168

#SPJ2

How did the architectural styles of the Barbarians differ from the Romans? Why?

Answers

Barbarians - used wood and thatch and that architecture didn't exist to the Barbarians
(was primitive compared to Roman

How did the plantation system contribute to greater agriculture production in South Carolina?

Answers

I think is B or C. I’m not sure

Answer: C With most necessities on site, the self-sufficiency of plantations led to increased production

Explanation:

I took the test and it was the right answer

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