I am still a believer in Adam Smith's Invisible Hand.

Author: iairishcheeks (29967 Posts - Original UHND Member)

Posted at 5:15 pm on Jul 10, 2026

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But... I also believe that raising the minimum standard of living in a society is the easiest way to improve a society for all of its members. In Adam Smith's day people weren't being saddled with medical or education debt that is impossible to pay back. There is no capitalist solution I see to solve these problems and AI is only going to make it worse.

Replies to: “I am still a believer in Adam Smith's Invisible Hand.”

Do you prefer Socialism or Capitalism? [LINK] - Kalc - 4:45pm 7/9/26 (39) [View All]
- Capitalism + Beneficence = Greatest country on earth. [NT] - BaronVonZemo - 12:08pm 7/10/26
- capitalism is the most benevolent economic system ever implemented [NT] - WestCoastIrishFan - 11:24am 7/10/26
- All systems include corruption and abuse of power. - NedoftheHill - 1:04am 7/10/26
- I prefer industrial capitalism, not socialism, not financial capitalism. - Eli - 12:54am 7/10/26
- One thing for sure...in our "K Shaped" economy, Capitalism is working for those with Capital, but - TyroneIrish - 9:49pm 7/9/26
  - Naw. Most of our successful (sic) capitalists are miserable human beings... but... - Curly1918 - 1:13pm 7/10/26
    - Did FDR lead this country to ruin?...Did he turn it into a Communist State?...Of course not...and - TyroneIrish - 5:36pm 7/10/26
  - Taxing the rich to reduce gap can make you feel good. But math tells you the inequality can’t be - Eli - 2:21am 7/10/26
  - Aaaand, the communist plant shows up to champion the agenda. - jakers - 10:55pm 7/9/26
    - Tell me/us what I got wrong... [NT] - TyroneIrish - 11:14pm 7/9/26
      - Everything. - jakers - 11:23pm 7/9/26
        
        Still waiting for specificity and substance...not holding my breath... [NT] - TyroneIrish - 11:34pm 7/9/26
        
        Ah, the irony. [NT] - jakers - 11:43pm 7/9/26
        
        Everyone knows he’s a plant. - Hensou - 1:24am 7/10/26
        
        Not all posts...I recall a post about fun college experiences, like mine at ND where a few of us - TyroneIrish - 2:27am 7/10/26
        
        You ramble when you go off script. - Hensou - 11:15am 7/10/26
        
        I’m not the only one who knows your “secret”… [NT] - TyroneIrish - 1:06pm 7/10/26
        
        Subtext flummoxes you. [NT] - Hensou - 1:27pm 7/10/26
        
        I contend that all the posts under the Usernames "Aragoto" and "Hensou" come from one human being... - TyroneIrish - 4:53pm 7/10/26
        
        Every time you get humiliated, you bring this tired, old, unproven canard forward. [NT] - Hensou - 5:17pm 7/10/26
        
        There's an easy way to bring all this to a halt...just tell me I'm wrong...what's so hard about that [NT] - TyroneIrish - 5:30pm 7/10/26
        
        Already done. You beat it to death for no reason other than to divert. [NT] - Hensou - 5:40pm 7/10/26
- Socialists failed to separate from their mothers and suffer from OCD. Capitalists have unresolved - Curly1918 - 8:01pm 7/9/26
  - Fascinating response from ChatGPT. - iairishcheeks - 8:18pm 7/9/26
- We have a hybrid and could probably use a bit more socialism. - iairishcheeks - 6:29pm 7/9/26
  - When Socialism is not social it becomes Individualized and more Problematic - Kalc - 12:07am 7/10/26
  - I don't see much of that as "socialism," unless you define anything other than anarchy as socialism. - NedoftheHill - 9:32pm 7/9/26
    - Francesca Hong, gubernatorial candidate Wisconsin, just rattled off some of you list, cheeks. - NedoftheHill - 12:08am 7/10/26
    - ChatGPT response, it's pretty good. - iairishcheeks - 10:07pm 7/9/26
    - Heh, the private charity "NGO"s are the primary source of fraud. - iairishcheeks - 9:41pm 7/9/26
      - Yes, but... - NedoftheHill - 10:13pm 7/9/26
  - I agree we have a hybrid but I think we should use a bit less socialism. Or a little more than a bit - THEISMANCARR - 8:18pm 7/9/26
    - In a finely tuned and adaptable system, we could ramp up and down depending on conditions. - iairishcheeks - 8:23pm 7/9/26
      - "In a finely tuned and adaptable system" ... has such ever existed? - NedoftheHill - 9:37pm 7/9/26
        
        A finely tuned and adaptable system should be the goal. - iairishcheeks - 9:43pm 7/9/26
        
        Not sure it would work in a diverse society over a certain size. - NedoftheHill - 10:17pm 7/9/26
        
        I am still a believer in Adam Smith's Invisible Hand. - iairishcheeks - 5:15pm 7/10/26
- You couldn’t define either one of them and how they work. [NT] - jimbasil - 4:55pm 7/9/26
  - The college students certainly would struggle with the definitions. [NT] - iairishcheeks - 6:14pm 7/9/26

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