← Back to context

Comment by fnimick

3 years ago

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.