Thursday, 21 June 2012
Capitalism is not unethical
There is no contradiction in capitalism... we might consider it to be unethical to profit from the poverty of others. When we sell something to someone else we can do so only because they lack what you are selling and so you are profiting from their poverty. But this is not unethical because poverty in its various forms cannot be prevented. Poverty is inevitable and so we are not being unethical to profit from it.
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