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

Skip to comments.

How Moral Is Capitalism?
Forbes ^ | 12 February 2007 | Rich Karlgaard

Posted on 02/02/2007 5:37:44 PM PST by shrinkermd

click here to read article


Navigation: use the links below to view more comments.
first previous 1-20 ... 101-120121-140141-160161-166 next last
To: LowCountryJoe
...you're missing that fact that people transact with one another to mutually benefit from the exchange after the completion of the transaction.

Caveat emptor...

121 posted on 02/04/2007 7:03:10 AM PST by Sir Francis Dashwood (LET'S ROLL!)
[ Post Reply | Private Reply | To 119 | View Replies]

To: LibKill

Gravity is a property of the physical universe antecedent to all human existence.

Capitalism is an economic system designed by humans, controlled by humans, utilizing humans. Humans are fundamentally moral beings.


122 posted on 02/04/2007 7:08:54 AM PST by Mr J (All IMHO.)
[ Post Reply | Private Reply | To 5 | View Replies]

Comment #123 Removed by Moderator

To: Sir Francis Dashwood
Caveat emptor?

Yes! Good advice. I'll be buying none of the ideas that you are trying to sell here.

Go ahead and report abuse again, Thin Skin.

124 posted on 02/04/2007 7:46:48 AM PST by LowCountryJoe (I'm a Paleo-liberal: I believe in freedom; am socially independent and a borderline fiscal anarchist)
[ Post Reply | Private Reply | To 121 | View Replies]

To: NewLand
Liberals are selective capitalists for themselves and socialists for all others

cahvez and mugabe are selective capitalists for themselves, socialists for others

125 posted on 02/04/2007 7:58:06 AM PST by alrea (Because the press told them to, day in and day out, 24/7, headline after headline, for six years.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: photodawg

OK, got it! Just checking... :)


126 posted on 02/04/2007 9:48:40 AM PST by NewLand (The most quoted FReeper on obscure anti-Free Republic websites)
[ Post Reply | Private Reply | To 117 | View Replies]

To: alrea
chavez and mugabe are selective capitalists for themselves, socialists for others

Exactly. Add Hillary, Pelosi, Jay Rockefeller, Rangel, et al to that list too.

127 posted on 02/04/2007 9:51:20 AM PST by NewLand (The most quoted FReeper on obscure anti-Free Republic websites)
[ Post Reply | Private Reply | To 125 | View Replies]

To: LowCountryJoe
Caveat emptor?

Yes, caveat emptor. That is the credo of any serious capitalist not wanting to be played a fool.

Let me guess, you sell used cars... no wonder...

128 posted on 02/04/2007 12:23:08 PM PST by Sir Francis Dashwood (LET'S ROLL!)
[ Post Reply | Private Reply | To 124 | View Replies]

To: Mr J
Humans are fundamentally moral beings.

The fact that the most corrupt among us are often put on pedastals of power and fame negates that idea all by itself.

Morality is rooted entirely in the presupposition some higher power defines what is correct for human behavior.

129 posted on 02/04/2007 12:31:44 PM PST by Sir Francis Dashwood (LET'S ROLL!)
[ Post Reply | Private Reply | To 122 | View Replies]

To: Sir Francis Dashwood
Yes, caveat emptor. That is the credo of any serious capitalist not wanting to be played a fool.

The Latin phrase that most closely resembles your latest bit of imparted wisdom is "caveat venditor" but that just a slight quibble and you will probably defend yourself against the criticism anyhow.

Now, are you going to finally answer my two-part question?

130 posted on 02/04/2007 12:55:08 PM PST by LowCountryJoe (I'm a Paleo-liberal: I believe in freedom; am socially independent and a borderline fiscal anarchist)
[ Post Reply | Private Reply | To 128 | View Replies]

To: Sir Francis Dashwood
http://www.m-w.com/dictionary/moral 1...e : capable of right and wrong action
131 posted on 02/04/2007 1:25:42 PM PST by Mr J (All IMHO.)
[ Post Reply | Private Reply | To 129 | View Replies]

To: shrinkermd
"Money is good"

Money represents the value in a just exchange of goods and services. It is neither morally good, or bad, because it's simply a medium of exchange. The good and bad depend on the particulars of the transaction.

132 posted on 02/04/2007 1:31:14 PM PST by spunkets
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mr J

The Dictionary was written by a Christian...


133 posted on 02/04/2007 1:41:31 PM PST by Sir Francis Dashwood (LET'S ROLL!)
[ Post Reply | Private Reply | To 131 | View Replies]

To: Sir Francis Dashwood

I guess not.


134 posted on 02/04/2007 2:05:27 PM PST by LowCountryJoe (I'm a Paleo-liberal: I believe in freedom; am socially independent and a borderline fiscal anarchist)
[ Post Reply | Private Reply | To 130 | View Replies]

To: LowCountryJoe

"There's a sucker born every minute." (P.T. Barnum)


135 posted on 02/04/2007 2:07:54 PM PST by Sir Francis Dashwood (LET'S ROLL!)
[ Post Reply | Private Reply | To 134 | View Replies]

To: pieceofthepuzzle

Capitalism, and economic freedom is the highest form of morality, because it allows the individual to choose to do what is good.

The fact that some individuals choose to do what is not good, should not be an indictment on capitalism, but rather on the individual's themselves.


136 posted on 02/04/2007 2:22:12 PM PST by dfwgator (The University of Florida - Championship U)
[ Post Reply | Private Reply | To 31 | View Replies]

To: dfwgator
Well put, and I couldn't agree more.

Also, capitalism allows us to differentiate ourselves based on our efforts. Hillary and the rest of the socialism types running for the presidency want to become President as a way of differentiating themselves and proving their personal greatness to the world. Hillary wants to go down in history as the first woman President, and the one who socialized medicine, and the one who took it upon herself to 'redistribute wealth' for the common good, and the one who put the world on the proper course for the 21st. century.. She's grandiose, and a narcissist, but ironically supports policies that will diminish the ability of the rest of us to distinguish ourselves by our efforts. I wonder if she's oblivious to her profound hypocrisy?
137 posted on 02/04/2007 2:38:46 PM PST by pieceofthepuzzle
[ Post Reply | Private Reply | To 136 | View Replies]

To: pieceofthepuzzle
I wonder if she's oblivious to her profound hypocrisy?

I don't think any other New York lawyer would be different...

138 posted on 02/04/2007 2:51:57 PM PST by Sir Francis Dashwood (LET'S ROLL!)
[ Post Reply | Private Reply | To 137 | View Replies]

To: pieceofthepuzzle
From Ludwig Von Mises-almost 60 years ago:

"...If history could prove and teach us anything, it would be that private ownership of the means of production is a necessary requisite of civilization and material well-being. All civilizations have up to now been based on private property.

Only nations committed to the principle of private property have risen above penury and produced science, art, and literature. There is no experience to show that any other social system could provide mankind with any of the achievements of civilization. Nevertheless, only few people consider this as a sufficient and incontestable refutation of the socialist program.

On the contrary, there are even people who argue the other way round. It is frequently asserted that the system of private property is done for precisely because it was the system that men applied in the past. However beneficial a social system may have been in the past, they say, it cannot be so in the future too; a new age requires a new mode of social organization. Mankind has reached maturity; it would be pernicious for it to cling to the principles to which it resorted in the earlier stages of its evolution. This is certainly the most radical abandonment of experimentalism. The experimental method may assert: because a produced in the past the result b, it will produce it in the future also. It must never assert: because a produced in the past the result b, it is proved that it cannot produce it any longer.

In spite of the fact that mankind has had no experience with the socialist mode of production, the socialist writers have constructed various schemes of socialist systems based on aprioristic reasoning. But as soon as anybody dares to analyze these projects and to scrutinize them with regard to their feasibility and their ability to further human welfare, the socialists vehemently object. These analyses, they say, are merely idle aprioristic speculations. They cannot disprove the correctness of our statements and the expediency of our plans. They are not experimental. One must try socialism and then the results will speak for themselves.

What these socialists ask for is absurd. Carried to its ultimate logical consequences, their idea implies that men are not free to refute by reasoning any scheme — however nonsensical, self-contradictory, and impracticable — that any reformer is pleased to suggest. According to their view, the only method permissible for the refutation of such a — necessarily abstract and aprioristic — plan is to test it by reorganizing the whole of society according to its designs. As soon as a man sketches the plan for a better social order, all nations are bound to try it and to see what will happen.

139 posted on 02/04/2007 5:41:14 PM PST by shrinkermd
[ Post Reply | Private Reply | To 137 | View Replies]

To: shrinkermd

Liberals and socialists are the ultimate materialists. For every social problem their answer is more money thrown at it and more government control. They always discount the influence of spiritual and moral courage, perseverance, hard work and ingenuity.


140 posted on 02/04/2007 7:08:45 PM PST by DMZFrank
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 101-120121-140141-160161-166 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

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