Explain mills description of the stationary state

Reference no: EM13237454

1. Explain Mill's description of the stationary state and how it differs from Smith and Ricardo's descriptions.

2. In what ways did the Utopian Socialists seem to influence the PE thought of John Stuart Mill?

3. What was the essence of the debate between the perfectibilists (represented by Godwin) and the conservatives (represented by Malthus)?

4. Explain Marx's concept of the circuit of capital.

5. Explain the "secret" to capitalist profit that Marx believed he discovered.

Reference no: EM13237454

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