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Can We Value Wisdom Over Insanity?
Although it is often seen as the guiding light in our journey of endless growth, there is not enough reliable information available to truly confirm that the invisible hand Adam Smith mentioned only three times in his writings isn’t just as capable of flipping us off as it is to enable the mental illness we’ve come to embrace.
Along with that mental illness comes the additional diagnosis of belief in a supernatural free market, where the machines of our kingdoms and corporations can ravage the commons that belong to our collective species and the other inhabitants of this planet in order to turn them into money and never have to pay any reparations or provide any regenerative activity by which the damages and injuries related to their activity can be repaired and healed. The religion of the “free market” and its invisible hand should be separated from the state along with every other church.
For although its adherents declare capitalism to be the best economic system ever, even its greatest proponents had issues with it. For instance, even though John Maynard Keynes, known as the father of modern economics, felt that capitalism was the best system to achieve a civilized economic society, he also recognized that its failure to provide for full employment and the inequitable distribution of wealth and incomes were major faults. He also recognized that its fallibilities would one day bring its demise.
“When the accumulation of wealth is no longer of high social importance, there will be great changes in…