The invisible hand

A snarky commenter on Crooked Timber makes the following criticism of free-market capitalism:

It is absurd to imagine shared interests, preferences, values, or desires across the millions of stakeholders in multiple countries (employees, managers, customers, shareholders, regulators, upstream and downstream business partners, competitors) of the modern corporation. Even in the Garden of Eden, when there were just two stakeholders, we saw a conflict of preferences requiring external regulatory action for resolution!