The way businesses and the private economy in general are structured today seems to have arisen organically, though, it wasn't masterminded and imposed on anyone. It's natural for someone to have a business idea, take on a role of leadership and enlist other's to help. When Adam Smith wrote his treatise on capitalism he was just describing already typical commonplace behaviors, right? "Community centered economics" on the other hand, always seems to be a forced endeavor
> The way businesses and the private economy in general are structured today seems to have arisen organically, though, it wasn't masterminded and imposed on anyone.
Simplest counter example is labor unions. There was in fact a huge campaign to dismantle labor union power in the United States. Look at the way labor power was limited by state force in the 1947 Taft Hartley Act for one example:
Meanwhile in Germany every big company legally must have representatives from the union on the board of directors. A lot has happened since Adam Smith and some of it was "masterminded" on both sides. For example the "organic" work day was 14 hours long until labor activists fought and in some cases died for the 8 hour work day. We have made many decisions about the structure of businesses in USA and unfortunately much of it favors the accumulation of power at the top to the detriment of most people.
Finally, we must recognize that no matter what structure we have, we can always imagine better ones. And we can apply the same effort and pressure to make change as has happened in the past.
