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I view myself as libertarian but I believe in something called ethical capitalism which basically means the buyer/sellers in a free market all agree willingly t
by anonymous5133 9y ago
I view myself as libertarian but I believe in something called ethical capitalism which basically means the buyer/sellers in a free market all agree willingly to not engage in unethical behaviors. The idea is that buyers would refuse to buy from unethical businesses which forces them out of the market and likewise sellers would be inclined to be ethical to attract business. It ends up being a self-reinforcing cycle.
- ams6110 9y agoReminds me of the John Adams quote, "Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other." A lot of nice things are theoretically possible when everyone behaves. Too bad the real world doesn't work that way.
- orf 9y agoBut this is a complete fantasy, right? It's completely at odds with actual capitalism. The cycles your proposing would happen would be broken the moment an unethical company is able to appear as an ethical one, which is not exactly hard.