Why The Game of Business Needs to Change Its Rules
Tim O'Reilly
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It looks to me like the “invisible hand” is a fictional force that hides what Smith could not explain and others enjoy the same ploy. One key element that needs to be examined is who the players are in our mixed economy and the nature of their motives. To use the label “capitalism” for a mixed economy is to make all players equal participants, to avoid delineation between groups of opposing values, to avoid making judgements between what is good and bad, and to provide a mask for those with the power to write the rules.