Post
Topic
Board Economics
Re: Capitalism and immorality
by
neofelis
on 04/06/2014, 14:17:42 UTC
Agree with above poster, but capitalism encourages greed.


Any system that unshackles restraints on how much a person can acquire in this life promotes greed.  As it would turn out, capitalism so far has been best at it.
 
This is the core issue where morality, economics, and politics meet.  How does a country balance out that "greed" vs need for the betterment of as many of its people as it can?  Communism and fascism tried and were found to be very lacking. 


and no one has quoted Gecko yet?

Greed -- for lack of a better word -- is good.

Greed is right.

Greed works.

Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.

Greed, in all of its forms -- greed for life, for money, for love, knowledge -- has marked the upward surge of mankind.

That movie was intended to be a satire.

But that speech was absolutely true.  Greed drives people to produce.  I barely remember the film but I believe Gecko broke the law in his pursuit of wealth.  Capitalism places restraints on greed only in that a person's actions cannot violate the rights of any other person. As long as that rule is followed, please produce as much as your skills can allow.  It can only help me.   Plus Bitcoin will keep my purchasing power intact.  Win-win