The Invisible Hand Unveiled: Adam Smith vs. Modern Capitalism
Eclipse of Ideas Eclipse of Ideas
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 Published On Aug 31, 2024

In this video, we delve into the fascinating world of capitalism by exploring Adam Smith’s original ideas and comparing them with the current state of modern capitalism. Adam Smith, often regarded as the father of modern economics, introduced the concept of the 'invisible hand,' suggesting that individuals' pursuit of self-interest could lead to collective benefit. But how does this idea hold up in today's globalized, corporate-driven economy?Join us as we break down the key differences between Smith's vision and the realities of modern capitalism.

From the rise of monopolies to the impact of the 2008 financial crisis, we'll uncover whether the 'invisible hand' still guides us toward the greater good—or if it's lost its way.Don't forget to like, comment, and subscribe if you enjoy thought-provoking content on economics, political philosophy, and more!

Do you think modern capitalism aligns with Adam Smith's original ideas? Share your thoughts in the comments!

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