Question

Do you think Adam Smith or Karl Marx would be more supportive of globalization? Why?

Answer 1

I think that Adam Smith would be more supportive of globalization of multinational corporations since his major work, the Wealth of Nations dealt with the workings of the capitalist system and supported it. I think that Karl Marx would be strongly opposed to the control that the multi-nationals have over their neo-colonies but at the same time would applaud the way that globalization has developed solidarity between the working class of the different countries such as between the major capitalist countries and the so-called Third World countries.