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What needed explaining, according to Marx, was why there were capitalists at all. Why didn't everyone have, or at least have access to those things that enabled you to produce things for use or exchange? How did the capitalists get to be the ones with the tools and resources? In search of an answer…

[...] The most important difference between them lies not in their explanation of what drives capitalist production, but in the fact that Smith saw increasing harmony and mutual interdependence where Marx saw conflict, exploitation, and inequality. In his analysis of capitalism--and remember, unlik…

Smith assumes that in this system, money serves almost entirely as a means of payment or unit of account. He doesn't imagine market participants seeing money as a form of wealth they could or should accumulate (as we would today). This leads him to assume that people will not hold money as a store …

Had he been crying just now?

I think crying is healthy, Suzanne said. It means you’re in touch with your feelings.

Ugh. That was done, that was stupid, talking in your head to some girl who in real life called you Roger.

Yes, Suzanne said. We also have a pool. You should come over next summer. It’s cool if you swim with your shirt on. And also, yes to there being something to us. You are by far the most insightful boy in our class. Even when I take into consideration the boys I knew in Montreal, I am just like: no …