One Answer

  1. Are you sure that someone here will give you a brief but clear answer? Actually, they write dissertations on this subject, and Marx himself wrote Capital as a criticism of Smith.

    1) See Smith's Dogma.
    The difference is in explaining the sources of surplus value: Marx considered capital to be a separate, special component, living according to special laws, while Smith did not.
    There the devil himself will break his leg in their thoughts. Honestly, I don't understand very well.

    2) Smith is the “invisible hand of the market”, and Marx is the market itself that leads to crisis and deadlock and requires state intervention. I.e. liberalism versus regulation. In principle, it is obvious that Marx is right, but the number of people willing to carry out liberal reforms at someone else's expense is still not decreasing, even in Russia.

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