Is Capitalism Evil?

American Thinker via CDS ^ | 3/3/2010 | Jim Gammon

[SonOfDarkSkies]

Good point...take away human morals from the free trade of goods, services, ideas, etc. and what are you left with?

The Chicago way of doing business!

The answer? Regulation, the Chicago Way!

[the invisib1e hand]

The answer? Regulation, the Chicago Way!

That, I believe, was the plan, wickedly effective as it has been.

But it ain't over...

[SonOfDarkSkies]

I agree!

But I do take some solace in the fact the Axelrod (as reported in the NY Times this weekend) is near burnout. Obviously, holding back the tide of freedom loving Americans isn't quite as easy as the Chicago mafia thought it would be.

[the invisib1e hand]

crucifixion would we too good for Axelrod and co.

[the invisib1e hand]

something good from chicago once came...

[SonOfDarkSkies]

Actually, I think Chicago is a great town. It just has a very bad political machine. And its racial politics aren’t exactly free of hatred either.

[gogogodzilla]

If capitalism was evil, then libtards would champion it... for libtards *ARE* the voice of evil.

[gogogodzilla]

I like that bumper sticker!!!

:-)

[Androcles]

Any system taken to an unblinkered extreme is evil. However the system as we have it implemented now is not intrinsically evil. It is a tool which often does much good anmd I can’t think of a better system off hand...

[Cindy]

No.

[RoadTest]

“Capitalism is Free Enterprise dressed up as a moral system.”

Well, “Capitalism” was intended as a derogatory term (as are most -isms) because Marx wanted to destroy it.

[TopQuark]

"In my opinion, “maximizing profits” as a management goal is the most ill-conceived and destructive business management style. It causes loss, not gain."

It's only because you misunderstand, as it appeards, what profit-maximization means. It is not an unconstrained maximization but subject to various restrictions --- legal, physical, and moral.

The argument against profit-maximization is fallacious: it is an argument against a straw man. Specifically, the claim is that UNconstrained profit-maximization is bad for this or that reason. But nobody --- absolutely nobody --- has ever advocated or practiced such maximization.

[the invisib1e hand]

Well, “Capitalism” was intended as a derogatory term (as are most -isms) because Marx wanted to destroy it.

Perhaps. I tend to think that Marx postulated that free enterprise would destroy itself by morphing -- emasculated of moral conscience -- to the soulless and unchecked practice of capitalism (which most wouldn't and still don't notice) on its way to socialism and eventually communism.

[RoadTest]

Uh-huh.

[the invisib1e hand]

Uh-huh.

What, are you quoting from your thesis on this topic?

[RoadTest]

No, I was just adjusting the snowjob protectors over my ears.

[the invisib1e hand]

No, I was just adjusting the snowjob protectors over my ears.

You need to trade 'em in, pally.

[Little Ray]

In its highest form, Capitalism is the un-coerced exchange of goods and services.
Give that all the other systems, by definition, require coercion, Capitalism is the ONLY more moral and ethical economic system.