Benjamin Cain
Mar 17, 2023

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But doesn't the late-modern world become a global village? Don't the big CEOs all know each other? Or is the invisible hand supposed to emerge only when a certain threshold is reached in the number of people in the village? Why, though, shouldn't there be separate invisible hands for different social classes, one for the elites, one for each neighbourhood in the lower class, and so on? If there's no invisible hand in a large society because there's no unification or self-aware social net in that case, what's late-modern laissez-faire economics supposed to be based on? The promise that scraps will trickle down to the masses after the wealthiest elites are taken care of, perhaps.

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Benjamin Cain
Benjamin Cain

Written by Benjamin Cain

Ph.D. in philosophy / Knowledge condemns. Art redeems. / https://benjamincain.substack.com / https://ko-fi.com/benjamincain / benjamincain8@gmailDOTcom

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