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? asked in Politics & GovernmentElections · 5 months ago

why do some people think that Adam Smith is a father of capitalism?

capitalism is more old than adam smith

@mr smarty....: I think that capitalism was born with agricolture, I am talking about old capitalism sorry but I studyed it, sorry for my english

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  • ?
    Lv 7
    5 months ago
    Favorite Answer

    i think adam smith's notion of the invisible hand and that each person pursuing their own interests leads to the greater good was a key concept. 

    but capitalism has been around obviously for much longer than that

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