PHIL 320A Lecture 37: PHIL-320A,University of Arizona,TextbookReadings(p37)
30 Aug 2018
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Thousands of people cooperate to make pencil who don"t speak the same language, completely different people. Magic of price system impersonal operation of pries that got them together and got them to cooperate to make the pencil. Operation of the free market is essential not only to promote productive efficiency, but to foster harmony and peace among the peoples of the world. Argues capitalism deprives people of their rightful share in the worlds resources and that it frustrates that satisfaction of fundamental human needs. Shmoo creature could be made into anything humans wanted, capitalists hated the smhoo because no one had to make things anymore that capitalists sold. Lil bner saved the shmoos, people wanted shmoos for independence and capitalists lost their privileged place. Workers have to sell labor because they have no land. Advocates of pure capitalism claim it is a system when"re people freely exchange their private property.
