In the 18th Century, the Scottish Enlightenment philosopher and “father of economics” Adam Smith first described the “invisible hand” of the free market. Smith believed this was a benevolent force, a natural corrective in the capitalist system that meant those who had accumulated wealth would be (subconsciously) compelled to redistribute some of that wealth to those who had not.
During the campaigns for the 2021 Scottish parliamentary elections, the presence of another invisible hand could be felt. The opaque activities of several Free Market acolytes, many of whom also actively crusaded against Jeremy Corbyn in 2019, betrayed a less benevolent agenda in their attempts to influence voters and neutralise the SNP and independence movement.
In Scotland in 2021, the invisible hand was wielded as a fist.Read Full Article