MB Civic

Gonsalves ..

We dummies are not supposed to notice that [Adam] Smith was writing in the 1700s when there was no such thing as market-dominating, multi-national corporations, just mostly small family businesses. We’re also supposed to forget that most market transactions of Smith’s day were between buyers and sellers. There wasn’t a cottage industry of middlemen or all-the-time-in-your-face marketing… Everybody loves Adam Smith, until they read him and understand that the small business free-market he envisioned is a far cry from the predatory corporate capitalism we have today.

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