we know there are injustices in capitalism - but ppl fear/feel that the alternatives are worse - but can we increase justice [& thereby increase happiness, safety, liberty, democracy, capitalism, peace, pleasure, everything good & reduce worry, fear, danger, war, crime, communism, tyranny, fascism, suffering, pain, misery, everything bad] without departing from the virtues of capitalism?
let's take monopoly as an example, since everyone will grant it is unjust - capitalism tends towards monopolism - monopolism is only an exaggeration of the injustice inherent in capitalism, in trade itself - monopoly enables excess profit, which drains the country's economy & justice, leading to boom & bust, depressions - the market booms with the monopoly profits, & then busts with the completion of hoovering of money out of the ppl's pockets - suddenly profits can no longer be made because no one has money to buy - capping fortunes at a best estimate of the most a person can earn controls injustic
2006-10-15
08:27:34
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4 answers
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asked by
Anonymous
in
Economics