Smith's class struggle theory

Smith's class struggle theory suggests that society is divided into different classes based on their economic resources, primarily between the wealthy (capitalists) who own the means of production and the working class (proletariat) who sell their labor. This division creates inherent conflicts, as the capitalists seek to maximize profits often at the expense of workers' rights and fair wages. The ongoing tension between these groups drives social and economic change, highlighting how inequality and power dynamics shape society. Essentially, class struggle is the ongoing contest over resources, control, and social influence.