Is free market capitalism a morally just system? (part 1)
Capitalism without bankruptcy is like Christianity without hell.
Frank Borman
The moral question is a weakest part in the theory of capitalism. The support of these stances we can draw by the many works of famous socialists and anarchists. For instance, Marks, Lenin, Proudhon and Bakunin assumed that capitalism is awful system, exactly due of its immorality which based on an exploitation of labor and unequal exchange. And properly speaking, contemporary liberal world hasn’t finally resolved these problems, yet.
The stereotype of rich cruel fabricant from XIX century, nowadays has transformed to “a gnome from the Wall street”. Which became the main reason of the “Occupy” movement swept the whole world (more than 82 countries). The scale of the action is a serious reason to think: What’s the existence of capitalism and is it really beneficial for a whole society?
Speaking about this phenomenon, most amounts of people get a definition free market capitalism like it was suggested by T. Palmer in the “Morality of Capitalism”. They mean that it’s an economical system which had changed feudalism in Western world. In my opinion it’s not precise, because feudalism wasn’t just an economical system. It was also a political system and a special system of social relationships. Feudalism divided a society in estates, and put the God in the head of the hierarchy. As you remember it was a great sin if a peasant wanted to replace a knight or a bishop. For those people it meant that one day he could wish to replace the God.
Feudalism couldn’t be replaced by just an economical system. Capitalism brought a democracy and new moral values which we call liberal. Moreover, an institute of elections is an illustration of capitalistic equal exchange’s principle. In fact liberal politicians are traders which suggest to us their goods – political programs and when we elect for candidate or party – we buy the good. If some state takes a free market it doesn’t mean that it becomes a capitalistic. Just look at China or Saudi Arabia – they took an economical part of capitalism, but saved their own totalitarian and feudal model of the societies...
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Is free market capitalism a morally just system? (part 1)
Capitalism without bankruptcy is like Christianity without hell.
Frank Borman
The moral question is a the weakest part in the theory of capitalism. The In support of these this stances stance we can draw by on the many works of famous socialists and anarchists. For instance example, Marks (?Marx), Lenin, Proudhon and Bakunin assumed that capitalism is was an awful system, exactly precisely due of to its immorality which was based on an the exploitation of labor and unequal exchange of ?resources (?money). And Properly speaking the contemporary liberal world hasn’t finally completely resolved these problems as of yet.
The stereotype of rich cruel fabricant from XIX century, nowadays has transformed to “a gnome from the Wall street”, which became the main reason of the “Occupy” movement which swept the whole world (more than 82 countries). The scale of the that action is a serious reason to think: What’s the existence of reason for capitalism and is it really beneficial for a whole society?
Speaking about this phenomenon, most amounts of the people get a definition of free market capitalism like it was suggested by T. Palmer in the “Morality of Capitalism”. They mean It suggests that it’s an economical system which had changed from feudalism in the Western world. In my opinion it’s not that precise, because feudalism wasn’t just an economical system. It was also a political system and a special system of social relationships. Feudalism divided a society in estates, and put the God in at the head of the hierarchy. Also as you remember it was a great sin if a peasant wanted to replace a knight or a bishop. For those people knights or bishops, it meant that one day he the peasant could wish to replace the God.
Feudalism couldn’t be replaced by just an economical system. Capitalism brought a democracy and new moral values which we call liberal. Moreover, an institute of elections is an illustration of the capitalistic equal exchange’s principle. In fact liberal politicians are traders which suggest to us that their goods are political programs and when we elect for a candidate or party then we buy their goods. If some states takes adopts a free market it doesn’t mean that it becomes a capitalistic state. Just look at China or Saudi Arabia – they took an the economical part of capitalism, but saved their own totalitarian and feudal model of their societies...
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"In fact liberal politicians are traders which suggest to us their goods – political programs and when we elect for candidate or party – we buy the good."
And the saddest thing is that even if you want none of the goods, you cannot choose to leave with your hands empty-you must make a choice, otherwise a government cannot be established(whether it is a necessity remains very dubious). And under most circumstances you have to pick the least upsetting one.
As for China, I don't think any feudal model exists today. Totalitarian... Well this is a word that needs more specific definition. Anyway, we don't believe that a free market must go along with capitalism. A free market is a tool to boom the economy, since it has unparalleled advantages over a planned economy. It's more vigorous and dynamic indeed, despite some social problems that have accompanied it since its birth.
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Capitalism do not talk of morality. The two subjects neither agree nor clash with each other.
It is not the philosophical concept(s) in itself being in fault. It's the governments that are holding different concepts to rule that should be examined of their moral intentions.
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