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To: AfricanChristian

To be fair, very few people believe in raw unvarnished capitalism unfettered or unshaped by social, spiritual, and ethical mores. Capital is a wonderful servant but a horrible master. CEOs themselves confess that their position hems them in to the duty to grow the business for the sake of the stockholders, though the heavens may fall on account of the measures taken, and say that moral guidance has to come from somewhere else. In European tradition, CEOs’ pay is at least an order of magnitude less than at US companies, and they don’t go hopping all over the place even among the most successful enterprises.

I don’t know what the moral of the story is.


4 posted on 09/25/2011 4:29:13 PM PDT by HiTech RedNeck (There's gonna be a Redneck Revolution! (See my freep page) [rednecks come in many colors])
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To: HiTech RedNeck
I don’t know what the moral of the story is.

The moral of the story is that capitalism, in itself, is not moral.

The founders famously said that the Constitution would only protect a moral society - that it was powerless to protect a society that turned against morality.

The same is true for capitalism. A lot of conservative make the mistake of seeing capitalism as moral, because communism is fundamentally immoral. But it's apples and oranges. For example, fascism is capitalistic communism, etc.

A society that looks to capitalism alone for it's moral balance is doomed just as surely as a communist state. Capitalism, like guns, are merely tools. Who uses those tools, and why, makes all the difference.

5 posted on 09/25/2011 4:38:19 PM PDT by Talisker (History will show the Illuminati won the ultimate Darwin Award.)
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