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Adam Smith is widely known as a world-class economist .

let's compare the difference between Adam Smith and Korea's Kwon

Ohsuk ( surname ) .I would like to compare Adam Smith and Kwon
Ohsuk ( last name ) . Adam Smith argued for the wealth theory of nation

s , and Kwon Ohsuk argued for the theory of individual wealth .

The former refers to the theory of national wealth , and the latter refers
to the theory of individual wealth . Meanwhile, looking at their careers,

Adam Smith had a doctorate in philosophy and Kwon Ohsuk ( last name )

had a doctorate in theology . Both are professors, but neither has ever s
tudied economics . And if you look at their arguments, the former argues

for labor , and the latter argues for consumption .

the key words , Adam Smith refers to 'the invisible hand' .
It is said that in the market, producers and sellers have the invisible pow

er to determine prices . The power to determine price is determined by

certain variables . we must not kill the strong one just because it eats th
e weak one . That is why they say that the market should be allowed to

occur naturally and should not be artificially intervened .

, large corporations and the state intervene to create the market artificia
lly, which is why it eventually broke down .

This is what Adam Smith said : prices should be determined by the invis

ible hands of producers and consumers .

However, Dr. Kwon Ohsuk ( last name ) said, 'Sharing and ‘Sharing’

was used as the key word .

Being able to do business jointly and individually and share the profits e

venly . in other words The efforts of individuals are to make profits indi

vidually , to operate jointly , and to share the profits that individuals hav

e earned in excess . that this is the key word for ' sharing and sharing '
and that it can save the market system and fix broken capitalism . QR

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