What is the role of luxury consumerism according to smith


Discussion Post: Adam Smith & Capitalism

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

o What is the role of luxury consumerism according to Smith?

o According to Smith, how can we reform capitalism?

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

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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