What Smith and Marx have in common is that they were both philosophers of great vision and perceptiveness, deep humanity, and a sense of social reality that has been lost in the abstractly formalistic economic theories that have dominated the field since the last third of the nineteenth century.
Allen W. WoodWe can establish empirical criteria for free actions, and investigate human actions on the presupposition we are free.
Allen W. WoodCapitalism has proven to be a far more terrible system than Marx could ever bring himself to imagine. Those who are so deluded as to find something good in it, or even feel loyalty toward it, are its most pitiful victims.
Allen W. Wood