- 04 Jun 2024 07:14
#15317286
The invisible hand allocates resources and labour power in the most efficient way possible, even if the most efficient way is by immiserating the working class. Dickens wrote about the effects of this in 19th century Britain. Ironically, the ‘freest’ way of running the economy actually results in the most brutal oppression imaginable.
Tainari88 wrote:What does the invisible hand wind up doing I wonder? Invisibly making sure no one makes enough money in an invisible elitist way?
The invisible hand allocates resources and labour power in the most efficient way possible, even if the most efficient way is by immiserating the working class. Dickens wrote about the effects of this in 19th century Britain. Ironically, the ‘freest’ way of running the economy actually results in the most brutal oppression imaginable.
"Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Marx (Groucho)