The
invisible hand more often than not
Socializes costs, and privatizes profits!.
In such circumstances, is it any wonder our world is in such a mess?
When an entity gets large enough--say microsoft--it controls the market. And it controls the govenment.
So the invisible hand becomes "an invisible shovel".
Competition, which is the rallying cry of CEO's and conservatives, has long since disappeared into state capitalism.
And the only ones buried? Most of us!