Friday, July 19, 2019

The Capitalist System Essays -- Economic System, Amoral Capitalist Sys

While capitalism is prevailing in the modern society, the issue on whether an amoral profit driven capitalist system is good for the society or not has been raised. Some believe that an amoral capitalist system is the best way to organize individuals together to serve the society. However, others argue that a amoral capitalist system will harm the society instead of benefit it. In this essay, I will be presenting the view of two neoclassical economists, Ricky Griffin and Adam Smith, who support the idea on the amoral capitalism is good for the society. I will also discuss the opposing view presented by Arthur Miller that suggests a profit drive, amoral capitalist system will do harm to a society . Furthermore, I am going to compare and contrast the two view and concluded with Miller’s view Capitalism encourages business men to make profitable amoral decisions will not benefit our society. While Griffin, Smith and Miller are holding two significantly different views, they both agree on capitalism is an amoral system. According to Griffin, profit is the only incentive for any business to operate under a capitalist system. Smith, father of capitalism, shows his understanding of amoral capitalism by saying, â€Å"We address our self, not to their humanity but to their self-love, and never talk to them of our own necessities but to their advantages. † (Smith 119) This quote clearly illustrates that people would act out of their own interest instead of considering others under capitalism. Further, Miller compare this amoral capitalism with uncivilized animals when the character, Christ, says â€Å"This is a land of great big dogs, you don’s love a man here, out eat him! ...the world is that way...This is a zoo, a zoo!† (Miller p81) Although ... ... still being debating. I believe capitalism forces business men to make profitable amoral decisions may not benefit our society at all. However, maybe Smith is also correct on capitalism is the best way to serve the society before other solutions appear. And with many evidences from different countries, I have to agree with Griffin and Smith that capitalism is efficient. However, I would only describe capitalism as an insensitive, bloody, efficiently machine that does not have feel and moral. The core of capitalism is still profit driven, materialistic, and money. â€Å"money money money money, when you said it long enough it doesn’t mean anything.†(Miller p73) How important is efficiency and profits, when it does not bring joy and happiness to our society. How can we be well off without compassion, moral value, sympathy and all that feeling that make us as human being.

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