Max Leibman on Nostr: Here’s the thing about the “Invisible Hand”: Regulators didn’t put ...
Here’s the thing about the “Invisible Hand”:
Regulators didn’t put microplastics in your water.
The nanny state didn’t lie to you about whether tobacco products caused cancer.
Socialism didn’t decide to take a third of your paycheck for health insurance coverage, and then still do everything in its power to deny your claims for lifesaving care.
Capitalists pursuing their self-interest did all of that, and more.
#Capitalism #economics #AdamSmith
Regulators didn’t put microplastics in your water.
The nanny state didn’t lie to you about whether tobacco products caused cancer.
Socialism didn’t decide to take a third of your paycheck for health insurance coverage, and then still do everything in its power to deny your claims for lifesaving care.
Capitalists pursuing their self-interest did all of that, and more.
#Capitalism #economics #AdamSmith