The Importance of Moral Principles in Economic Relations

communism is a word that can evoke strong emotional reactions, mainly, of course, because we tend to identify it with communist regimes. I will define communism here as any human relationship that operates on the principles of from each according to their abilities, to each according totheir needs. Communism was always a distant, somewhat fuzzy, utopian ideal, usually to be accompanied by the withering away of the state, to be achieved at some point in the distant future. Our thinking about communism has been dominated by a myth once upon a time, humans held all things in common in the garden of eden during the golden age of saturn.