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Episode 145: Morality and Economics

Words & Numbers

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The Morality of Capitalism

Only philosophers really make the distinction between ethics and morality. So we can say the ethics of capitalism here. An ethical system is a code typically given externally but it could be one that you yourself could write down and divine from first principles. Think golden rule territory. Do unto others is probably not a bad way of looking at it. Anywhere that a human community flourishes you're going to find some indication of that rule lurking just below the surface.

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