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Economics! please HELP

What do you think Adam Smith would think of the capitalist societies today? (regarding his "invisible hand" philosophy)

User Itsproject
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Answer:

Personally, I think that Adam Smith would criticize the capitalist systems of today, as these countries spend an enormous amount of resources on political and economic measures of social assistance (such as public health or subsidies for certain expenses). These expenditures in general, and especially the enormous amount of resources allocated to social welfare, are contrary to the theory of the invisible hand, by which markets and their mechanisms of competition are by themselves the only ones that benefit the population.

User Galarant
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