from Selfishness, Greed, and Capitalism by Christopher Snowden As David Boaz (2011: 35) puts it: Critics of markets often complain that capitalism encourages and rewards self- interest. In fact, people are self- interested under any political system. Markets channel their self- interest
Read Morefrom Selfishness, Greed, and Capitalism by Christopher Snowden Like Chang, many critics of capitalism use ‘self- interest’ and ‘selfishness’ (or ‘greed’) interchangeably, but they are quite different. Selfishness implies indulging oneself at another’s expense, but free- market transactions only take
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