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Monday, 3 March 2014

Is Free Market Capitalism Dead?

Is free market capitalism actually practiced in the United States today still alive or is it now just a product of our imagination?

Let’s analyze the facts and see for ourselves.

Americans have traditionally believed that the "invisible hand of the market" means that capitalism will benefit us all without requiring any oversight. 

However, the man (i.e. Adam Smith) who came up with the idea of the invisible hand did not believe in a magically benevolent market which operates for the benefit of all without any checks and balances:

Read MoreIs Free Market Capitalism Dead?

Thank you,

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