PHIL 320A Lecture Notes - Lecture 38: Economic Democracy
30 Aug 2018
School
Department
Course
Professor
Document Summary
Different defense of capitalism the origin doesn"t matter, it"s still and excellence system, it promotes human benefit. Capitalist firm doesn"t aim to satisfy people, they cannot get money unless they satisfy customers more than other firms. Objection the way the system uses technical progress uses widespread frustration, not satisfaction. Anti capitalism argument aim of firm is to make as much money as it can, measures performance by profits, theft that they aren"t interested din serving needs has harmful consequences. Capitalism is biased in favor of only in one benefit of more productivity increased output, but not reduction of toil because it threatens a sacrifice to product. If the goal was satisfaction rather than money, life would be a lot less anxious. In a capitalist society an enormous effort goes into making people wanting what they cant have. Capitalism brings humanity very close to liberation, but never actually to it.
