Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Toddsterpatriot
Greed is an integral part of nature, but if we rely on it alone or if we ignore its destructive force, we are no better than beasts in the field. Capitalism only works under the rule of law. Adam Smith himself envisioned communities of suppliers and consumers, not a jungle. The law protects business by providing a basis for agreements, which ought to be equitable in order for both parties to prosper. True greed would go above the law, as often it does. I rely on the law to protect myself against greed. There is deterrence and recourse in the law. The law is what sets us free, not our unfettered greed. Of course animals would disagree.

Perhaps you should read up on why capitalism often fails in non-western countries where Christian morals are either diluted or missing. The rule of law is the basis for capitalism, not selfishness.
188 posted on 07/05/2005 8:38:51 PM PDT by John Filson
[ Post Reply | Private Reply | To 187 | View Replies ]


To: John Filson
Greed is an integral part of nature, but if we rely on it alone or if we ignore its destructive force, we are no better than beasts in the field. Capitalism only works under the rule of law. Adam Smith himself envisioned communities of suppliers and consumers, not a jungle. The law protects business by providing a basis for agreements, which ought to be equitable in order for both parties to prosper. True greed would go above the law, as often it does. I rely on the law to protect myself against greed. There is deterrence and recourse in the law. The law is what sets us free, not our unfettered greed. Of course animals would disagree.

Hey, good answer. Now tell me why does free trade equal greed? And why are tariffs somehow the antidote to greed?

189 posted on 07/05/2005 8:43:21 PM PDT by Toddsterpatriot (If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
[ Post Reply | Private Reply | To 188 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson