By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Teeqoz on 05 September 2017
Edit Thread
DonFerrari said:

Teeqoz said:

Government enforce the will of the people <- government is elected by the people who vote selfishly. There's your invisible hand.

The invisible hand isn't intrisically tied to laissez faire capitalism you know. In fact, the idea of capitalism hadn't even been expressed when Adam Smith coined the term....

And yes, in the medium term, there will be a few things humans will do better, but not enough to employ everyone.

Nope, government rob people of their on right, unless you consider that the elected politicians are executing the will of the people. If that is true then all the complains about the government is baseless.

Sorry but the bigger the government the lesser the citizen is still true. The government being bigger and more present is just used to the advantage of big corporations.

Do you know what the concept of the invisible hand means?

Besides, it is a 250 year old concept. Economics has changed a lot since then, things are very different currently than from the 1770's and that includes the economy.