Respond to the following prompt in 500-600 words:

Identify some of the key differences and similarities between Adam Smith’s account of “commercial society,” Karl Marx’s theory of the “capitalist mode of production,” and Max Weber’s characterization of “modern capitalism.” 

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Identify some of the key differences and similarities between Adam Smith’s account of “commercial society,” Karl Marx’s theory of the “capitalist mode of production,” and Max Weber’s characterization of “modern capitalism
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Assignment expectations

  • Draw on the course reading for this unit (the chapters from Geoffrey Ingham’s Capitalism). 
  • When you draw on the course reading, paraphrase in your own language. Do not use direct quotes. There is no need to include a works cited page or bibliography, but do include parenthetical citations with page numbers any time you are drawing on the text. For example: “A central focus of Adam Smith’s work is the division of labor in society (9).” This helps signal to your readers when you are paraphrasing someone else’s work vs. presenting your own thoughts. 
  • The goal of the assignment is not only to demonstrate that you have done the reading, but also to show that you have thought about it critically. So while expect you to do some summarizing and paraphrasing of the text, a good reading response will also raise questions that can generate discussion in your sections.