Why not capitalism? | Why is it fundamentally wrong to compare the "ideal paradise" with the "real earth"? Many defenders of capitalism have always had a defensive stance and they have accepted that the free market system is based on selfishness, competition and individual self-interest, and while it is very efficient, it is morally inefficient or even reprehensible. On the contrary, the defenders of socialism have always claimed that their ideals are based on altruism, justice, solidarity and a collective and superior morality. Jason Brennan criticizes this common dichotomy in Why Not Capitalism? " and shows that this controversy is fundamentally based on a false comparison; comparing "true capitalism full of flaws and mistakes" to "ideal socialism arising from perfect and holy people". Report details.

Why not capitalism? | Why is it fundamentally wrong to compare the "ideal paradise" with the "real earth"? Many defenders of capitalism have always had a defensive stance and they have accepted that the free market system is based on selfishness, competition and individual self-interest, and while it is very efficient, it is morally inefficient or even reprehensible. On the contrary, the defenders of socialism have always claimed that their ideals are based on altruism, justice, solidarity and a collective and superior morality. Jason Brennan criticizes this common dichotomy in Why Not Capitalism? " and shows that this controversy is fundamentally based on a false comparison; comparing "true capitalism full of flaws and mistakes" to "ideal socialism arising from perfect and holy people". Report details.