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grue , 3 hours ago The only reason the competition doesn’t end is because of government regulation to facilitate and uphold capitalist free markets. A.K.A. what Adam Smith was really talking about when he mentioned the “invisible hand” (contrary to what the laissez-faire cargo-cultists think).
The only reason the competition doesn’t end is because of government regulation to facilitate and uphold capitalist free markets.
A.K.A. what Adam Smith was really talking about when he mentioned the “invisible hand” (contrary to what the laissez-faire cargo-cultists think).