Denouncing the Capitalist Gods

Adam Smith, and his Invisible Hand, are revered by free market capitalists. "Adam Smith is very rarely read," Professor Noam Chomsky says in this video. "He's worshipped, but not read. ... The term 'Invisible Hand' does appear in his classic Wealth of Nations. Once. In an article against what is now called Neoclassical Economics, which we're supposed to worship. ... English investors will prefer to invest in England, because of what some call a 'home bias', they'll have a preference for investing close by. And therefore, as if by an invisible hand, England will be saved from the menace of free capital movement and free import. That's the 'Invisible Hand'".