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Imagine taking Adam Smith to Walmart or handing him an Amazon homepage — hed admire the efficiency but would squint hard at the power behind the prices. He didnt write The Wealth of Nations as a love letter to giant corporations.
Hed tell us markets need lots of competitors, limits on power, and rules — not platforms that sell, referee, and crush rivals. In short, hed say: "This is not what I meant."
By WWKMDImagine taking Adam Smith to Walmart or handing him an Amazon homepage — hed admire the efficiency but would squint hard at the power behind the prices. He didnt write The Wealth of Nations as a love letter to giant corporations.
Hed tell us markets need lots of competitors, limits on power, and rules — not platforms that sell, referee, and crush rivals. In short, hed say: "This is not what I meant."