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What are some economic perspectives that don't encourage one of the 7 deadly sins?

2007-03-13 15:49:02 · 6 answers · asked by Ecofreako 3 in Social Science Economics

6 answers

Greed <=> efficiency (as long as there are more greedy people out there)>

2007-03-13 16:20:04 · answer #1 · answered by Anonymous · 1 0

You'd be hard pressed to find any system that involves money that doesn't make people act immorally.

Both systems of economics don't necessarily feed greed or sloth. The reason many people think this way is because of the countries that use each economic system are notorious for being greedy or lazy.

Capitalism and Communism both can work out very well if they are implemented properly. The problem is that when a new country decides on an economic system, it is rarely implemented properly because the new country isn't stable yet.

Most people in America including myself prefer capitalism over communism because capitalism is implemented decently and many people have the chance to live a not-so-horrible life.

But communism is seen as evil because of the way it was portrayed in the media. Communism certainly has ruined many peoples' lives and made them suffer, and it has had a trend of consistently being implemented horribly due to a very unresponsible government. It is very diffucult for communism to succeed while at the same time have a majority of people acting under it to be happy.

2007-03-13 22:57:20 · answer #2 · answered by Jimmy 3 · 1 0

All economic perspectives feed greed and many other deadly sins.

The purpose of any economic perspective is to make a profit for someone, whether it is for the common good or for a government.

Some one always gains.

2007-03-13 23:01:58 · answer #3 · answered by Anonymous · 0 0

I don't know about you but I think the deadly sin aspect of what people do tends to grow with the size of the community involved. Amongst my family we seem to be able to decide easily, from each according to ability, to each according to need. My children need school. My parents need a place to live with significant medical assistance close at hand. When it comes time to pay the bill the ones with money in their pocket contribute to paying what needs to be payed. When the group of people grows much beyond my family there is lots of dissension about what people are able to contribute and who needs what.

Communism didn't feed sloth. Dictatorship fed sloth. Everyone hated the leader but feared letting anyone know. They only did what they felt they had to do to remain safe.

Capitalism doesn't feed greed. Anonymity feeds greed. When we don't know and love the people around us we don't care what they need nor do we expect them to chip in to help with our needs.

2007-03-13 23:23:04 · answer #4 · answered by anonimous 6 · 1 0

No system is pure. All perspectives will have sin, even if the mission is clear. We are humans, we will behave as such. The question then becomes which system is the lesser of the evils, and I say capitalism!

2007-03-14 03:45:04 · answer #5 · answered by econgal 5 · 0 0

Communism feeds all sorts of sins.
It forces you to steal, both from state and other people.
It's been known to sacrifice human life for 'public benefit'
It leaves very few entertainment options outside of gluttony and lust.

2007-03-13 22:51:44 · answer #6 · answered by Anonymous · 0 0

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