actual line from todays economist podcast: "today george floyd will be buried. in better times, on a tuesday, he'd have been at one of his three jobs..."
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What adam smith meant by 'the invisible hand' was that there is a unseen guiding moral principle that the wealthy will return some wealth to the improvement of society, as they are reliant on it. A naive notion of infant capitalism, but not even what people mean by it
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Modern notion of the invisible hand is literally just religious dogmatism that an unaware and unintelligent process will inevitably result in the greatest maximization of value. Delusional
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Show me on the doll where the invisible hand of the market touched you.
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Because every time someone tries to fix it they make it worse.
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Why does it keep need fixing?
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