"Market Equilibrium Is Failing: Where Is the Invisible Hand?".
Year: 2025
Type: article
Abstract: Over the past several decades, the world has witnessed growing concerns over the global economic landscape whether it is on an individual or an enterprise level. On an individual front, despite various schemes and focus on reducing income and social inequalities a majority of the world is witnessing a K-shaped dynamic where the wealthy (Top 1%) are benefiting from asset appreciation, while people in middle and lower-income groups are confronting higher costs and financial strains even to maintain their quality of life. On a similar note, some companies have unilateral control over an overwhelming amount of cash, assets, and other resources, making the situation a lot more complex, resulting in the current world scenario. So, where is Adam Smith’s invisible hand to stabilise the market and bring the economy to an equilibrium? And what are the corrective measures that can be taken to deal with this gap?
Source: Cuestiones de Fisioterapia
Language: English
Topic: Economic Theory and Policy
Domain: Social Sciences
SDG: Reduced inequalities
Open Access status: hybrid
OpenAlex ID: W4407143953