Cooperation VS Capitalism

Finding the right balance between cooperation and competition has been the goal and bane of Western politics for centuries. Adam Smith recognized that the economic needs of the individual are better met by unleashing the ambitions of all individuals than by planning to meet those needs in advance. But even Adam Smith could not claim that free markets produce Utopia. Even the most libertarian politician today believes in the need to regulate, oversee, and tax the efforts of ambitious individua...