... draw the focus away from its destructive character. Historically, capitalism, not only in its pre-imperialist stages, but even at its most primitive beginnings, was a system of freedom, according to Adam Smith. Smith, who did not foresee even the contemporary magnitude of the system he praised, glorified the free competition of capitalism and human resourcefulness upon which it depended. Today, bourgeois economists refuse ... ...

• Word Count: 2120
• Approx Pages: 8
• Grade Level: Undergraduate