Do you believe that the "Invisible Hand" Theory works?

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Do you believe that the "Invisible Hand" Theory works?

2007-12-17 13:46:06 · 2 answers · asked by Anonymous in Science & Mathematics ➔ Other - Science

2 answers

History has shown that it works quite well. It's the cornerstone of free enterprise. A more flattering expression is that society will reward me in proportion to my contribution to society. Substitute company or business for society and it still holds. History has also repeatedly shown that socialism, which disconnects reward from contribution, doesn't work.

2007-12-17 17:14:20 · answer #1 · answered by Frank N 7 · 0⤊ 1⤋

YEAH!!!
Actually, I don't know what the invisible hand theory is.

2007-12-17 14:20:23 · answer #2 · answered by Bobsquat 1 · 2⤊ 1⤋