Americans have traditionally believed that the "invisible hand of the
market" means that capitalism will benefit us all without requiring any
oversight. However, the man (i.e. Adam Smith) who came up with the idea
of the invisible hand did not believe in a magically benevolent market
which operates for the benefit of all without any checks and balances:
Smith railed against monopolies and the political influence that
accompanies economic power ... Financial Advisor
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