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Adam Smith is said to be the earliest proponent of capitalism. Identify at least two ways in which capitalism as we experience it today differs

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Adam Smith is said to be the earliest proponent of capitalism. Identify at least two ways in which capitalism as we experience it today differs from the capitalism that Adam Smith espoused. Are we a capitalist country in the way that he would have envisioned a capitalistic country would be? Explain. Give two examples of business externalities. Who should bear the cost of that externality under the narrow view of social responsibility and the broad view of social responsibility? Explain

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