James Gray offers some
Considerations For & Against Capitalism:
Capitalism is a type of economic system that emphasizes the importance public property including at least some private ownership of the “means of production” (resources and machines). ...
These are arguments for capitalism that don’t sufficiently prove that capitalism is morally justified once and for all, but they are considerations in favor of capitalism [:] ... (1) The natural right to property and (2) the invisible hand. ...
The author discusses four challenges to capitalism:
Capitalism leads to severe economic inequality. ... Capitalism is based on a false conception of human nature. ... Three problems with competition. ... Capitalism leads to exploitation and alienation.
A pretty good analysis from a fairly neutral perspective.
No comments:
Post a Comment
Please pick a handle or moniker for your comment. It's much easier to address someone by a name or pseudonym than simply "hey you". I have the option of requiring a "hard" identity, but I don't want to turn that on... yet.
With few exceptions, I will not respond or reply to anonymous comments, and I may delete them. I keep a copy of all comments; if you want the text of your comment to repost with something vaguely resembling an identity, email me.
No spam, pr0n, commercial advertising, insanity, lies, repetition or off-topic comments. Creationists, Global Warming deniers, anti-vaxers, Randians, and Libertarians are automatically presumed to be idiots; Christians and Muslims might get the benefit of the doubt, if I'm in a good mood.
See the Debate Flowchart for some basic rules.
Sourced factual corrections are always published and acknowledged.
I will respond or not respond to comments as the mood takes me. See my latest comment policy for details. I am not a pseudonomous-American: my real name is Larry.
Comments may be moderated from time to time. When I do moderate comments, anonymous comments are far more likely to be rejected.
I've already answered some typical comments.
I have jqMath enabled for the blog. If you have a dollar sign (\$) in your comment, put a \\ in front of it: \\\$, unless you want to include a formula in your comment.
Note: Only a member of this blog may post a comment.