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zeckalphatoday at 7:58 PM1 replyview on HN

Adam Smith actually would be against stuff like this. He gets misrepresented.


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waffletowertoday at 8:05 PM

It really doesn't matter here, in specific, if he is misrepresented. He came up with the "invisible hand" concept and he didn't consider its shadow/consequences. He shouldn't be personally faulted for it, he was just one man sharing his thinking a long time ago. Living people are to blame for not correcting for these shortcomings enough. I learned that it would have been best to have just said laissez-faire capitalism instead of invoking his name.

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