Comment by mannykannot
3 years ago
The fact that an entity can sometimes benefit from deceit has nothing to do with capitalism, specifically, and capitalism is not the simple proposition that profit justifies anything, even if some people sometimes suggest that it is, in order to advance their agenda - in a rather deceitful manner, I might add!
The pressure to benefit from deceit because outperforming competition is the only way to stay alive is unique to capitalism, though.
"capitalism is not the simple proposition that profit justifies anything" - of course, but it naturally leads to an environment where profit justifies anything. No business leaders avoid money-making immoral behavior unless it is overall unprofitable due to market conditions (a specific well-informed customer base, for example) or regulation.
do you have a counter-argument? because what I’m reading here is “you’re wrong and lying or lied to because of an ‘agenda’” and that’s it
what do you think GP or someone who has lied to GP really thinks?
why are they lying?
what’s their agenda?
do you agree that we (in the West) currently broadly live under Friedman’s version of capitalism, and, if so, do you agree that it broadly follows the mantra of “profit/shareholder value above all else”?
if you don’t think we live under that system, what system do you think we live under, and what differs it from the mantra of “profit/shareholder value above all else”?
You have presented a preposterous and completely unjustifiable reading of what I actually wrote, and then demand me to justify it? That's not going to happen, of course.
you don’t have to justify your assertions to me or anyone else, but make sure you can justify them to yourself. have a think about what you said and see how deeply you can support it. you don’t have to reply. you don’t even have to bluster and make accusations. just try and think about it slowly and unemotionally in your own head.
what agenda were you referring to?
who is being deceitful?
what are they trying to hide?
what were the primary tenets of Friedman’s capitalist philosophy?
don’t answer to me, just make sure you have solid answers for yourself
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