The term "invisible hand" becomes completely irrelevant when one of the following happens:
1) The government attempts to regulate / control the market.
2) The market attempts to influence government decisions.
The invisible hand of the market is a term to describe the self-regulatory nature of the free market. Markets which are regulated by the government, or which try to influence government policy in order to favour business, are by definition not self-regulatory.
1) The government attempts to regulate / control the market.
2) The market attempts to influence government decisions.
The invisible hand of the market is a term to describe the self-regulatory nature of the free market. Markets which are regulated by the government, or which try to influence government policy in order to favour business, are by definition not self-regulatory.
