May 02, 2011 01:17:16 PM
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Focussed on creation of wealth, capitalism is EFFICIENT, eliminating 'waste' to help the bottom line.
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Creating wealth tends to become the only goal. Thus capitalism throws baby out with the bathwater, shedding, for efficiency's sake, any responsibility for public good, such as social and environmental. In this capitalism actually undermines itself.
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Provides additional stimuli to creativity and development.
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Our first principles debates bring people from different ends of the spectrum together to discuss basic political convictions. That doesn't mean there isn't common ground. Below, as we discuss capitalism, we ask you to submit two pros and two cons -- no matter where you stand. Answering all four questions is required!
Tends to merge with political power for achievement of its economic objectives. Once the merge is complete, stimuli to creativity and development are removed; stagnation results. Again, it undermines itself, as a resulting social order could hardly be called capitalism.
