Skip to comments.Gingrich is a hero for arguing for “ethical capitalism”
Posted on 01/13/2012 6:14:08 PM PST by VinL
Furthermore, making a profit is only one component of owning a business. Whatever happened to the idea that you are responsible for your workers and to the larger community? Too often, people feel like just pawns in a game of ever increasing largesse for the top dogs. The big shots are always the winners often getting payouts in the millions when their companies fail and the losers are left to figure out how to eat or buy clothes for their children. (A new study found that $100 million golden parachutes have become commonplace for failed CEOs).
Romneys class envy claim is predicated on a lie we often here from the uber-rich and their defenders: the highest goal and achievement for Americans is to be wealthy, when all most people want is to be able to provide a decent lives for their families
The unlikely hero in this tale has been Newt Gingrich, who has been making the most coherent argument for ethical capitalism. Says Gingrich, what we want is, a free enterprise system that is honest. . . fair to everyone and gives everyone an equal opportunity to pursue happiness. Criticizing Romneys brand of free enterprise, (Newt)said, Its not fine if the person who is rich manipulates the system, gets away with all the cash and leaves behind the human beings.
Be still my heart.
(Excerpt) Read more at hotair.com ...
capitalism is ethical as long as you don’t have the involvement of the government in any way.
You got that right.
All this talk about “ethics” and whatnot is just crypto-Commie language for “slapping the shackles of socialism on business owners.”
Business owners have a moral duty to capitalism to pay their workers as little as they can and to cut as many corners in the production of their goods as possible, so as to maximise profits.
Anything less is just a bunch of commie lib redistributionism.
Amen! Well said!
I’d suggest Burnham’s “Suicide of the West” because that is what’s happening!
The only problem with your assessment is that the ads against Newt were true. The same cannot be said about the anti-Bain video.
Limbaugh is right.
Not in my view. Limbaugh has always had a blind spot on this issue. We all admire Rush because he lived the Amerian Dream going from nothing to icon and none of us envy the money he makes. He earned it. He didnt buy off DC politicians, or use insiders to destroy competitors- or use undue influence to maintain his preeminence.
But, Rush just doesnt seem to be able to grasp that the DC crowd, the Estblishment, have lived the Dream- and now are pulling up the draw bridge behindd them. McCain, Bush, Romney, et al- and the GOP elite- theyve made there fortunes- they have power and all they want to do is keep it. If the rest of us have to live in socialism they dont give a damn.
You sound like one of those crazy bible thumping religious fanatics who think that business owners should be hobbled by junk like paying their workers a "fair wage." A "fair wage" is however little the business owner can pay you and still get your lazy non-business owning rear end to show up. If you were worth anything, you own the business instead of working for it.
As in Newt bought? Really? LOL!!!
Michelle Malkin was a cheap shill for Willard the Lib in ‘08, too. She’s 110% RINO.
Read Adam Smith's “Theory of Moral Sentiments”!
A work that he thought was more important then “Wealth Of Nations”. I would say a knowledge of Smith is incomplete if one only reads “Wealth of Nations”. They must be read together as a set to understand the points Smith makes in both books.
Read these then judge Newt & Romney!
What about the ethics of sitting on Pelosis couch?
And because Newt did that, I’m supposed to vote for the quintessential Republican,country club elitist- who is pro-abortion, anti-gun, a proven liberal, and a card carrying member of the New New Order?
Oh really!...was Newt paid $1.6 million or $35,000.00 per month as he claims. Did he lobby or was he an advisor?
Once you open the can of worms, as Romney foolishly did, you will find that folks will not be interested in wading through the finer points and details of whether the anti-Bain video is true or not.
Point is...perception is reality for many, unfortunately.
Yesterday you were talking Volts, today Yugo's. You're quite the gearhead there aren't ya.....
Well, it may be Bible-thumping, but even thousands of years ago, in both Judaism and then in Christianity, employers were being urged to pay their employees an honest wage. What’s wrong with that?
But this has nothing to do with “fairness,” which now means that the government or some superior force has got to come in and equalize results. Most people don’t want to be the head of the company; it’s a lot of work, and most people just want to do their jobs and go home to their families. But the person who is the head of the company could not be the head of the company without them, and in fact there wouldn’t even be a company without them. Therefore he has the obligation to compensate them accordingly, which has nothing to do with fairness but is a simple matter of paying for a service.
When employers want to get the service without paying for it, or by taking so much for themselves that there is nothing left to pay the people who do the work, we have broken the social contract. That was what led to the rise of unions.
Newt quotes our Founding Fathers, and this fact is going to give the Dems ammunition. Then, that only underscores the extent of our problems in current day America.
Oh so you’re some kind of union socialist, eh?
Workers should be thankful to the business owners for the scraps they get away with stealing from the profits.
Mitt is absolutely right - if workers get in the way of shareholder profits, then send ‘em packing.
Gawd, I couldn’t read past the first few sentences of this navel-gazing drivel.
Kirsten Powers and Newt ought to team up to write the “Occupy Wall Street: the Broadway Play.”
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