Proudhon and other economists argued that laissez-faire meant freedom for the capitalists but bondage for workers. Smith, say, and other advocates of laissez-faire argued that unregulated capitalism meant freedom for all. Are there circumstances under which proudhon's view is likely to be more accurate? are there circumstances when smith's view is likely to be more apt? explain

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07-12-2022
Business

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Proudhon and other economists argued that laissez-faire meant freedom for the capitalists but bondage for workers. Smith, say, and other advocates of laissez-faire argued that unregulated capitalism meant freedom for all. Are there circumstances under which proudhon's view is likely to be more accurate? are there circumstances when smith's view is likely to be more apt? explain

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