Does Adolescence lead to Capitalism or does Capitalism lead to Adolescence?
The laissez-faire capitalism of Adam Smith (1723-1790) solidified the concept of private ownership seeking maximum profits primarily through self-regulation and competition.[1] Time has passed and the laissez-faire model has shifted though the essential elements of private ownership motivated by the accumulation of profits has remained. Profits once held predominantly by the bourgeois courtesy of the proletariat […]