this post was submitted on 14 Oct 2023
1210 points (95.8% liked)
Technology
59598 readers
3951 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I don't think there is an inherent ethical value ascribed to capitalism...it's just a description of an economic system. It can be good or bad. It's a broad description at that too.
It is apt to say capitalism inherently lacks ethics. And in a world where competition is the main attribute describing society, that lack is what breeds success. Which is why one could even exaggerate and say that capitalism fosters sociopathy. Individuals that grow to lose their sense of ethics are favoured and more likely to succeed in positions of power, while those restricted by their morals are quickly pushed aside. So while we say capitalism can be good or bad, it is more likely that it leans towards the bad.