capitalism + justice: is it possible?

Question

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

Answer 1

It is possible. And I don't agree with you about trade. Trade is the core truth that makes us all prosper. Without trade we would all be peasants or hunter-gatherers.

Answer 2

capitalism + justice: is it possible? Yes, its called lawyers suing companies for defective products that harm society like tobacco, or companies exposing workers to asbestos. Rule of Law, and taxation can make everyone have a fair stake in the economy. The example of USSR good example why centralized planning is a failure. Monopolies happens from government not enforcing competition laws, or having laws that are hard to apply and enforce. Monopolies occur and most times are not good, but in some situations a monopoly is needed to increase the economy of mass scale to produce certain commodities at the lowest price to the market. Natural Monopolies can bring standardizations also like Microsoft is monopoly in Operating systems almost, but the benefit of that is standardization of using the computer, and more efficiency for computer users. Injustice occurs in economics when the government protects the elite on a poor nation. Micro leading for poor rural people is a good example its help rural people in poor nations start up business, and not depend on a corrupt government to get capital. The more private players, and clear rules for everyone including wealthy people the better off the country is.

Answer 3

You base your premise on capitalism being evil. in case you assume that persons are stable and could do the properly suited element lots of the time, you would be talked approximately as naive yet you will have extra effective outcomes. In a capitalist equipment the industry rules, once you have a foul participant the industry punishes that participant. To have intervention, as you're saying capitalism with justice, you assert that we ought to have people to decide precise from incorrect, and that i think of you will agree that we've in basic terms complicated an extremely conceivable equipment by using including yet another layer of judgement above and previous the industry, and who's to declare the judgers are precise or incorrect of their judgements. in no way ignore that means corrupts, and with regards to the judgers, our government, means corrupts genuinely. In united statesa. right this moment we've a topic in that we've a laziness or stupidity to do what's stable, morally precise. Liberalism has dimished the magnitude of private duty and we've generations that think of it extremely is alright to break the guidelines by way of fact it extremely is their precise to experience stable. united statesa. desires to have very own duty re-generic as a company and people who fail ought to pay an extreme fee. it works in the unfastened industry yet united statesa. has extra layer upon layer of judgers to the technique and that's not a unfastened industry anymore. In a capitalist equipment you get what you earn, a results of private duty and you get to maintain what you earn not have it confiscated by using a socialist government. in case you have not got sufficient you ought to earn extra, take extra danger, teach your self, paintings extra desirable than 8 hours, provide up watching the clock to ascertain no rely if it's time to bypass homestead, etc., very own duty. Do you have any expertise of what it takes in terms of sacrifices to make it to being a CEO of a extensive corporation? Do you have any theory of what it takes for a intense college graduate to start a stupid little corporation in his storage with in basic terms one shopper and turn it into billions of dollars, not in basic terms for him yet for each individual who helped him. in case you do not make what you prefer you first ought to examine your self and be trustworthy, have you ever made the efforts, have you ever made the properly suited alternatives, have you ever made the sacrifice to get what you prefer, or do you in effortless terms have faith you deserve extra for this reason somebody could desire to provide it to you. very own duty.

Answer 4

yep.....