And it's not just the pursuit of money -- capitalism is really about the pursuit of money by anonymous investors unaffiliated with the corporation. Would we really live in a less evil society if Microsoft were owned entirely by Bill Gates and Ford Motors were owned entirely by Henry Ford XVIII? (Or if they were owned by the government, or by the church, or by whatever other entity?)
Dunno. You're exactly right, though, that it's not just the institution itself that's the problem -- it must be some *consequence* of the institution. Is it that corporations neglect the welfare of their workers, because shareholders care only about bottom-line profits? (But why would a sole owner be any more altruistic?)
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Date: 2006-11-07 09:29 pm (UTC)Dunno. You're exactly right, though, that it's not just the institution itself that's the problem -- it must be some *consequence* of the institution. Is it that corporations neglect the welfare of their workers, because shareholders care only about bottom-line profits? (But why would a sole owner be any more altruistic?)