Lies and Capitalism

Denis Collins

Business Ethics Quarterly, 2007, vol. 17, issue 3, 563-572

Abstract: The moral foundation of capitalism holds that the wealth of a nation is enhanced (utilitarianism) by providing individuals with the freedom and liberty to do what comes natural, pursuing their own self-interests (egoism). When alignment between individual interests and general welfare is achieved, even if unintentionally achieved, minimum paternalistic governmental oversight and intervention is needed.

Date: 2007
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