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And so far Marx completely agrees with him;
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and we will see when we will be discussing Marx.
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But then he departs from it
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because he asks the question,
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where does the profit and rent come from?
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Marx asked this question as well, and he says exploitation;
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those who earn profit exploit the workers.
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But Adam Smith has a different view.
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He says well those who will lend capital and
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those who offer land also deserve part of the value.
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Now let's see how this contradiction can be resolved, how he's dealing with this.
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How can that all value is created by labor