The lack of morals in capitalist economy

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We often hear people complain about the logic of the economic system in which we live. Who has ever been shocked to learn that such a local company was closing, a victim of competition from distant lands, or sector losing momentum?

If we are guilty of is generally capitalism or globalization, which are expected to appear soon. It is then guilty of very convenient: they can not defend themselves, they are unanimously against them and they are abstract. However, downside, we can not punish them or make them pay.

While the entrepreneur has a responsibility. But he himself shall comply with the requirement of its shareholders. And these, banks,


individuals or pension funds, are like you and me: they want to earn more or pay less.

Basically, all the players just want their own economic survival. They try to make the most of the rules of the game we choose the cheapest products, we expect the sales, we sell (or we would buy) our shares higher. In short, we speculate. Besides, who wants to be charitable with its supermarket, a large multinational or local tax?

Our economic system is immoral, either. But could it be more ethical? After all, the rules could be changed! Many offer such "moralization of capitalism."

What answer that eternal accused? Nothing, he can not answer, he never made to account to anyone, the systems were never spoken. Only people who can be moral. For morality introduced into the system, it would still only one can evaluate the moral significance of our actions. Whether we succeed, too, to assess the consequences of acts nces. And this is not so simple: if I sell my shares to the lowest, is what provided the company does not flow and does not lay off?

What prevents assess the consequences of its actions? First, the incredibly large number of intermediaries, which is consistent with professional specialization that characterizes the modern world. The smallest daily product, manufactured to our shopping cart, must involve dozens of companies and involve countless people. Consequently, there is a terribly large distance between an agent and the effects of his actions, there are also a tangle total nesting among all actors, capable of dizzying. How to know which player will be penalized by the fact that we do not buy this product?

In terms of financial investments, the remote is even worse. There is a full virtualization of the economy. The reality is composed of numbers and mouse clicks away. How do feel a responsibility to act in these conditions? The intricate character is certainly more marked in finance: how to buy the dollar can affect the competitiveness of the gardener's corner?

Besides the thin link with the reality that investment in securities could offer is limited to roughly the boards. How many shareholders have attended? Recognize that there are many large shareholders who go there. While economic action takes a moral sense, only when the number of players can be counted on the fingers of one hand. Otherwise, dilution prevents the feeling of responsibility.

To this we add the phenomenon of globalization that exacerbates the derealization of consequence of actions by a physical distance: we see even more people with whom we interact.

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