Adam Smith, Adam Ferguson and Karl Marx on the Division of Labour

  title={Adam Smith, Adam Ferguson and Karl Marx on the Division of Labour},
  author={Lisa Hill},
  journal={Journal of Classical Sociology},
  pages={339 - 366}
  • Lisa Hill
  • Published 1 November 2007
  • Economics, History
  • Journal of Classical Sociology
Adam Smith (1723—90) and Adam Ferguson (1723—1816) shared a keen interest in the social, economic and individual effects of specialization. Though this mutual interest led to a protracted priority dispute between them, nevertheless their approaches differed significantly. Ferguson was generally more negative in his attitude and was also less interested in the economic effects of specialization, focusing instead on its adverse social ramifications. In fact, his work on the subject probably… 
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