burrrton wrote:I *have* debated it (many times, in fact- I was on debate teams in both HS and college and this isn't a new subject). It's a bigger *limiter* of immoral behavior than any alternative, and it's not close.
Capitalism is as open to immoral behavior as any other system. That's why you see things like slavery, child brothels, human trafficking, sale of elicit drugs, and the like. Capitalism and the free market have not done more to encourage moral behavior than any other system. That is a falsehood especially given the limited studies available of alternative systems since capitalism even before it was named capitalism has been the standard practice of the world since history started being recorded. Capitalism isn't some new system created by Adam Smith. Capitalism was giving a name to what humans had been doing since the first beginnings of what we might term modern society. Even feudalism might be considered capitalistic in nature given its incentive based reward system before it morphed into a class system. It is socialism and communism that are unnatural human states attempting to force humans into state or group slavery, servitude, or loyalty, whatever you feel like calling it.
Only an active effort taken by human beings regardless of economic system improve human moral outcomes, not an economic system. An economic system may provide different methods for ensuring that outcome, but it does not change the base requirement first which is regulation to ensure immoral industries and activities are not monetized.
If you do not have quality moral system in place first, no economic or government system will encourage moral behavior. Unregulated capitalism would produce awful moral outcomes if people did not have a quality moral base and an active government providing regulation to work from first.
Capitalism is a good system, but only zealots attribute to it unrealistic outcomes.
Your implicit assumption is that irrational behavior vanishes in your alternate system. Sorry, but it doesn't. This shouldn't be news to you.
My statement applies to any system. Humans by their nature are driven more by emotion than by rational action. The economic or governmental system is irrelevant. Humanity has been driven forward by small groups of humans with a higher intellectual capacity causing the human group's living standards to rise in spite of the majority.
If you had said capitalism had done more to improve human living standards than any other system in history, we would be in agreement. Moral behavior is not one of those areas where capitalism has shined any brighter than any other system though I would argue we haven't had many other systems for very long. If society's base moral ideas did not change significantly, we might be seeing some real bad outcomes right now like for profit war.
Let me make this real clear. I support capitalism, just not for everything. It is not some panacea for all the world's ills as some like to push it. It is in fact undesirable in certain areas which can clearly be shown. I'm beginning to think that our medicine system is one of them. Not sure I want a purely socialized model, but we're paying a great deal for healthcare that isn't substantially better for the cost with some real questionable pricing models seeking to profit off human suffering. That's not great no matter how people try to spin it.