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Economy of the West European countries there were changes, which Adam Smith not
Expected, and could not expect. First, there were many large
The enterprises which turned often to monopolies. Secondly that even more
Important, as a result of change of the "know-how" of the enterprise became more
Interdependent also tested powerful simultaneous liftings and recessions. Both these
The phenomena amplified, and Charles Marx, having caught their origin and fast development,
Has made the well-known predictions for increase in scope of liftings and crises,
Impoverishment of workers and future crash of market system.
In the twenties this century monopolisation process in the western countries
Has started to calm down gradually that in many branches the large
The enterprises appeared not competitive, and also because of accepted against
Them laws. As a result today influence of monopolies in an economy of these countries
As a whole does not break a principle of "an invisible hand" 3.it concerns
Interdependence of the enterprises after great crisis 1929 1933 it was
The way to operate all economy through public finances is found,
Allowing to reduce fluctuations and to avoid crises. Honour of this opening
Belongs to other great economist John Keynes, economic yit
Which, issued in 1936 it, became the theoretical base
Prosperity of the western countries after crisis of the beginning of 30th years 4.
Thus, to the middle of our century the principle of "an invisible hand" has occupied still
Stronger position and in an economic science, and in management of an economy. In
The following below two reviews I will try to explain, why it is correct, and
To consider its basic economic and social consequences.
The review 1. In the country of a perfect competition
It is more than goods, good and cheap!
Let's imagine that we are in the nonexistent state living on
To laws of a perfect competition. The population of this country has money on hands.
Buying the goods, people try to receive the best for the money. Thereby
They vote roubles (or dollars) for that enterprise, which production
They approve. The economy copes the population!
Each enterprise to receive it is more than profit, tries to spend as
It is possible less on purchase of materials and a labour and by that saves
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