SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (275663)10/20/2008 4:36:21 PM
From: TimF  Respond to of 793958
 
Based on those starting assumptions, one could argue that capitalism harmed morality if it caused people to respect your rights (including your property rights) to a lesser degree.

And in some ways under some circumstances it might.

But any way of people interacting that gets broadly applied (as in across the world or across a large country) is going to have situations where such a thing happens. You aren't going to have every person in isolation, people don't function that way, they don't want to function that way, to a great extent they can't function that way.

They need some way to allocate and enforce who gets to use what, and they need economic systems (at least very primitive ones, and in large groups, increasingly complex ones).

So you can't compare capitalism to nothing (no or nearly no interaction, so no one going after you or your property), you have to compare it to the alternatives.

The alternatives basically come down to politically determining what gets produced, and what gets made available to whom, or letting people operate freely in terms of buying and selling to each other, and making contracts and such.

Of course in the real world you get some combination, but "free market" or "capitalism" becomes a shortcut for "largely free market", or "mostly capitalist economy". Why "socialism", or "communism" becomes a shortcut for mostly going the other way.

If your alternative to mostly free market is mostly politically determining the allocation of scarce goods and services, well then obviously the free market is very likely to result in more respect for your property, and history has shown us that it results in more respect for your life and for many other moral concerns as well.



To: LindyBill who wrote (275663)10/22/2008 9:20:38 AM
From: Bridge Player  Read Replies (1) | Respond to of 793958
 
Re: morality and your life. Ayn Rand would be proud.

"My morality, the morality of reason, is contained in a single axiom: existence exists—and in a single choice: to live. The rest proceeds from these. To live, man must hold three things as the supreme and ruling values of his life: Reason—Purpose—Self-esteem. Reason, as his only tool of knowledge—Purpose, as his choice of the happiness which that tool must proceed to achieve—Self-esteem, as his inviolate certainty that his mind is competent to think and his person is worthy of happiness, which means: is worthy of living. These three values imply and require all of man’s virtues, and all his virtues pertain to the relation of existence and consciousness: rationality, independence, integrity, honesty, justice, productiveness, pride."

John Galt.