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Thursday, September 24, 2009

Capitalism: Divine, Amoral, Immoral?

I had blogged just yesterday about Capitalism in a piece titled "Is the Degree of Capitalism inversely correlated with the Level of Ethics?" Today Michael Moore was on TV promoting his new movie "Capitalism: A Love Story." Mr. Moore is sharp, insightful, and thought-provoking, and has an interesting way of telling a story. Part of the discussion about Capitalism revolves around the notion of morality - is Capitalism amoral or immoral or divine? More to the point, should corporations have rights? On many of these issues, Mr. Moore thinks the same way I do. I let my students know that the game of Capitalism revolves around ownership, and that owners maximize their benefit and workers are just tools to be deployed and discarded. The system rewards owners and punishes those who work hard, without ownership.

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