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by ams6110 5320 days ago
Capitalism, personal liberty, and morality (e.g. traditional Judao-Christian morality, though I don't claim that's the only workable system) are like three legs of a stool. It will fall over without one of them. A moral person's "own interest" includes doing things that are consistent with his sense of morality. Personal liberty and private property rights are essential to allow capitalism to flourish. Decades of attacks on and marginalization of traditional morality in favor of more contemporary "social obligations" (code for "whatever feels good") have resulted in capitalism motivated by greed, rather than a more complete "self interest" that includes morality. We see the results.