Adam Smith as Philanthropist or Agent of the Invisible Hand

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Adam Smith as Philanthropist or Agent of the Invisible Hand
by Rudolf Walther. 5/12/2017

https://www.indybay.org/newsitems/2018/02/23/18806930.php

The market can only fulfill its technical function when its rules are politically fixed and governmentally monitored…Adam Smith’s theory has nothing to do with neoliberals and market radicals who preach the sleek state, low taxes for businesses, low wages, and market, market, market. Quite the contrary!

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