Adam Smith And Capitalism Essay

In the United States, there has been a long struggle for equal rights for all its citizens. In the late 18th century, The Founding Fathers did create a vastly different constitution than any other nations before. However, they did leave many unanswered questions about the role of women and minorities within the nation. Another important issue they did not address was the issue of slavery, leaving it for the next generation to tackle the questions, which was left unanswered until the late 19th century with the break out of the Civil War. The result of the Civil War did lead to the end of slavery in America, but it did not mean the end of unequal rights given to African Americans. It was not until the 1960s, when the civil right moment started,

On one hand, capitalism is the system of privately owned organizations fighting in an open market for profit and ownership of good. Many would say Adam Smith is the father of Capitalism, but he is not. Capitalism had been around for many years before Mr. Smith was born. Mr. Smith simply summarized what capitalism is and how it should work in his book, The Wealth of Nations. Adam Smith, believed, “The first theorist of capitalism, Smith considered that society must have the upper hand over economy. People are now quite accustomed to monetization of heath care and education, proletarianization of workers…” (Blau, 13). According to Mr. Smith society needed an upper hand over what was happening within the economy and the inner movements of business. However, with the growth of factories in the late 19th century and into the 20th century, the factors of capitalism changed, as more people were moving into the cities to work in the factories leading to the workers losing control of their labor as a bigger business took over. Blau states,” Smith wrote that capitalism should ensure workers their share in economic returns- in the wealth of the nation…” (Blau page 13). On the other hand humanists believe in a world without ties to religion and to look at science for answers. Religion in the United States has always been a huge factor on why people come to