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Norm's Thoughts BLOG
Topics in Norm's Thoughts are essays and analyses that comprise the entire gamut of areas that are relevant to our culture. They may be philosophical, political, historical, educational, medicine-related, or other appropriate areas.
Norman E. Hill is the author of:
Winner and Final Chairman
An Expose of an American Corporate Power Struggle and $138 Million Golden Parachute
If you read Barbarians at the Gates or followed Enron, you'll enjoy this fictionalized version of a corporate power struggle. It shows how a visionary business plan, not followed through, and never-ending corporate politics, undid a promising turnaround. read more
by Norman E. Hill ~ 0-7414-4773-8 ©2008
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How Moral is Capitalism?
This is to answer Rich Karlgaard's February 12 article in Forbes.
Yes, the purer the capitalism, the more prosperous AND more moral the society. As Ayn Rand has pointed out, her ethical code supporting capitalism is not dependent on "outside moral influences" or "religious values"(Ten Commandments or Sermon on the Mount). A pure capitalist system with Rand's ethics will not deteriorate to the "inhumane, cutthroat" society mentioned. In fact, the redistributionists' main nonsecular supports are the Sermon on the Mount and the numerous antiwealth references in Scripture.
In briefest form, man absolutely depends on his mind for survival, long range planning, and trading and dealing with other men. If he acts unethically, he damages and endangers his mind's functioning and thus endangers his survival. ONLY by acting ethically can he serve his rational self interest and protect himself on a long range basis.
Widespread understanding of this ethical approach cannot come overnight, due to centuries of philosophical corruption. Rand has the philosophical system, including ethics, in place to bring this change about.
One cannot truly defend capitalism against its implacable enemies without realization that pure capitalism is moral and therefore is incompatible with altruism or mysticism.
Norman E. Hill
Norm's Thoughts Blog
Winner and Final Chairman
BooksByHills
NoraLyn LTDLabels: Ethics, Morals, Objectivism, Philosphy
posted by Norm 1:11 PM
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