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>The worker wants a pay rise, the manager wants a promotion, the CEO wants a better gig at the next company. None of that is a goal of making more money for the
by adamsmith143 5y ago
>The worker wants a pay rise, the manager wants a promotion, the CEO wants a better gig at the next company. None of that is a goal of making more money for the company.
This is quite literally the definition of Adam Smith's Invisible Hand.
"By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was not part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it."