Comments on: Capitalism—How Does It Work? http://www.lehighvalleyconservative.com/capitalism-how-does-it-work/ Fri, 18 May 2012 14:20:50 +0000 http://wordpress.org/?v=2.2.2 By: Arrow http://www.lehighvalleyconservative.com/capitalism-how-does-it-work/#comment-3828 Arrow Sat, 14 Jan 2012 14:07:18 +0000 http://www.lehighvalleyconservative.com/capitalism-how-does-it-work/#comment-3828 Free enterprise capitalism is the best and only right economic policy, but as you point out, even it will fail in the absence of ethics and morals. What we have today is not real free enterprise, but an increasing fascist system, where the government teams with favored businesses (normally the largest ones) to smash free competition. American free enterprise has degenerated into economic darwinism, where the goal is not ethical competition but a greed-driven practice of destroying competitors and taking advantage of every situation to squeeze employees, vendors, and customers out of everything possible. This will not make for a free and happy society, whether you label it "free enterprise" or immoral theft. Free enterprise capitalism is the best and only right economic policy, but as you point out, even it will fail in the absence of ethics and morals. What we have today is not real free enterprise, but an increasing fascist system, where the government teams with favored businesses (normally the largest ones) to smash free competition.

American free enterprise has degenerated into economic darwinism, where the goal is not ethical competition but a greed-driven practice of destroying competitors and taking advantage of every situation to squeeze employees, vendors, and customers out of everything possible.

This will not make for a free and happy society, whether you label it “free enterprise” or immoral theft.

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