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World Civilization - Paper on Karl Marx and Adam Smith. It requires some reading which I uploaded along with the instructions. The paper is to be roughly 750-900 words with works cited within the text.

Date Posted: 12/07/2020
Category: History
Due Date: 17/07/2020
Instruction
Please read pages 705- 709 and 716 - 723 in Worlds of History. These two sources are phenomenally important. Together, they represent the two major economic models that have shaped history for the past two centuries as they each represent very different views on the new industrial economy. The first source is excerpts from The Wealth of Nations, written by Scottish economist, Adam Smith (1723 – 1799). First published in 1776, The Wealth of Nations is the first modern work of economic theory. The book seeks to explain how and why nations become wealthy and prosperous, as indicated in title, and the excerpts here concentrate on the proper role of government in managing the economy. As you read, try to figure out just what Smith thought that role was. Ask yourself how active he wanted the government to be in managing the economy. Also, try to figure out just who this message would have appealed to. The second source is excerpts from The Communist Manifesto, published in 1848 by Karl Marx (1818 – 1883) and Friedrich Engels (1820 – 1895). Both men were deeply concerned with the plight of industrial workers and the distribution of wealth in industrial societies. The manifesto was intended to outline their beliefs and rally the world’s workers to their side. As you did with The Wealth of Nations, try to figure out what they saw as the ideal way to structure an economy and a society and who these ideas would have appealed to. Also, try to figure out how Marx and Engels thought their ideal society would come about. Answer the following question in your paper: How were the theories of Smith, Marx, and Engels different? What did they consider to be the best way to structure an economy that was both prosperous and just? Why do you think they came to these conclusions? Use these sources as your evidence and cite everything to receive credit. The paper should be about 750 to 900 words, not including a works cited page. If you want to go beyond the two readings, you're welcome to but everything you need should be in Worlds of History. Keep in mind that you have to cite your sources IN THE TEXT and NOT at the end of the paper. In other words, citations are NOT the same thing as a works cited page. Again, follow the examples in your writing handbook, use the resources below, or contact either the writing center or myself if you have any questions. Similarly, you also need to cite every idea that you got from another writer. If it's not your own original thought, you MUST give credit to whoever came up with it. Bear in mind that you still have to cite things that you put in your own words. This is hugely important - it's the idea and the information that count and if you take somebody else's ideas and present them as your own you are still committing plagiarism. For that matter, I really don't encourage people to use a lot of quotations in their writing - I'd much rather see your own ideas rather than read stuff I've already read in the assigned texts. If you must quote, however, you MUST enclose text in quotation marks, otherwise you've committed plagiarism.
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