This time, after discussing the economic
philosophy of laissez faire philosophy of the bloggers will discuss the economy
to another Karl Marx and
Communism. Although
it seems unsurpassable, philosophy laissez
faire under challenge because private companies are not restricted,
although it raises the level of production, is considered not to distribute the
profits evenly. If
the rich get richer, the poor get poorer, so that the submission of claims,
exploited, miserable life, living in slums, forced to work in a long time with
low pay, and often do not get a job, they're starving.
Why does everything have a price? To
begin to understand how the price
is determined, try to imagine yourself, in your backyard garden, plant some
extra cabbage trees in excess of what you need. What price would
you ask for cabbage, cabbage is it? Or
say you are skilled in carpentry work, and at a time when leisure, you can
create a seat for sale. What
price would you ask? Funds if you do not
lose time to make it?
Adam Smith and Laissez Faire.
In
this climate of opinion emerged for the first great economist, Adam Smith . Professor of the University of
Glasgow. His
book, The Wealth of Nations, published in 1776, provide a rationale that sought
by the new captains of world industry produces many different needs.
If we come to the study of modern
economics, we must start with a cautious attitude. Because not all modern economics the same. You
may be argued that, based on the logic of economic
development, all modern states would lead to similar forms of economic organization. But
if you look at the whole world right now, you can clearly see the two forms.
