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Many branches have drawn upon aspects of his ideas (and later Marxists) while rejecting some aspects. Clearly the formulation of class may have had applicability in the 19th century, but is a much more complicated matter today. At the same time, the identification of exploiter and exploited has helped to understand aspects of inequality that we find today...
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Studying the causes and consequences of the Great Depression, Keynes had recommended that the government "push" aggregate demand (that is, overall demand for produce in the economy) through directed spending in key areas. The theory was that when someone spends, money in the economy, that money passes on for a while before being completely diminished...
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: ADAM SMITH AND KARL MARK: CONTRASTING VIEWS OF CAPITALISM
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