The Undemanding Ethics of Capitalism
7 Pages Posted: 14 May 2013
Date Written: September 14, 2009
The United States and many other countries are now experiencing the first major financial crisis in over 75 years, a condition that too many people have been quick to blame on an outbreak of greed that they claim is characteristic of capitalism. Blaming a financial crisis on greed, however, is like blaming airplane crashes on gravity.
Keywords: capitalism and greed in the U.S., capitalism and self-interest in the United States economy, American financial crisis
JEL Classification: P10, P16, G01, D70
Suggested Citation: Suggested Citation