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I appreciate your input and would just like to correct a few details.The definition of capitalism implies that there may or may not be any gov intervention. However in practice there is always a gov intervention and if there were not one then one would arise. The purpose of gov is to stop people from harming each other. In any capitalism the people who live there would establish a gov to make sure that commerce occurs with a rule of law.The private sector is made up of millions of individuals each with morals and a conscience - and often patriotism. In the US there are literally hundreds of thousands of corporations that exist solely to do good. Additionally there are millions more that have mission statements which include the idea that the company exist in part to do good. Furthermore, companies that do not exist at least in part to do good suffer a disadvantage in a capitalism and might just go out of business. This is why so many of your cereal boxes have little "box tops for education" cutouts on them that are collected by schools and turned in for cash.The majority of companies in the us do not have shareholders. The majority are small businesses owned by individuals and families who share with the local boy scouts and the local little league teams and the...If you owned a business would that statement be true of yours? Would you not care? Do you have a job or have you ever or do you intend to ever have a job? If yes then in a sense you are a business owner. And the purpose of your business is to trade your labor for cash. Did your or would you trade your labor without any care? Or did you, would you, perform your job with morals and as a productive member of society?
I appreciate your input and would just like to correct a few details.
The definition of capitalism implies that there may or may not be any gov intervention. However in practice there is always a gov intervention and if there were not one then one would arise. The purpose of gov is to stop people from harming each other. In any capitalism the people who live there would establish a gov to make sure that commerce occurs with a rule of law.
The private sector is made up of millions of individuals each with morals and a conscience - and often patriotism. In the US there are literally hundreds of thousands of corporations that exist solely to do good. Additionally there are millions more that have mission statements which include the idea that the company exist in part to do good. Furthermore, companies that do not exist at least in part to do good suffer a disadvantage in a capitalism and might just go out of business. This is why so many of your cereal boxes have little "box tops for education" cutouts on them that are collected by schools and turned in for cash.
The majority of companies in the us do not have shareholders. The majority are small businesses owned by individuals and families who share with the local boy scouts and the local little league teams and the...
If you owned a business would that statement be true of yours? Would you not care? Do you have a job or have you ever or do you intend to ever have a job? If yes then in a sense you are a business owner. And the purpose of your business is to trade your labor for cash. Did your or would you trade your labor without any care? Or did you, would you, perform your job with morals and as a productive member of society?
