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What is the role of luxury consumerism according to smith

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Reference no: EM132740871

Question: Video: POLITICAL THEORY - Adam Smith (By The School of Life)

1. What is the problem with 'specialization' according to Smith? What was Smith's solution?

2. What is the role of luxury consumerism according to Smith?

3. According to Smith, how can we reform capitalism?

4. In what ways is Adam Smith's view of capitalism different than American capitalism?

Reference no: EM132740871

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