On Free Market

“Private Vices … may be turned into Public Benefits”, Adam Smith’s belief that when an individual pursues his self-interest under conditions of justice, he unintentionally promotes the good of society. Self-interested competition in the free market, he argued, would tend to benefit society as a whole by keeping prices low, while still building in an incentive for a wide variety of goods and services.

Was he right? Listen to Rousseau, Marx, modern social engineers. They all are saying the same. They all claim people are not the problem, the system is the problem. And it never worked.