How do you draw the line between capitalism and greed?

Question

America is a capitalist nation that is the beacon of hope/model for a democratic and free world. However it is evident that should America fail to draw the line between greed and capitalist prosperity the nation might recede into a decline that will result in the destruction of the core values that made it great in the first place.

Answer 1

I agree with you.

The only hope for capitalism is regulation.  I know that's anathema to most capitalists but look what has happened without it.

And, even more to the point, we have to retake our government from American business.  The pharmaceutical industry wrote Medicare Part D (no price negotiation, for the love of Mike!) and MBNA wrote the 2005 Bankruptcy law.  Business owns Washington – do you think that’s what Jefferson had in mind?

Answer 2

Market orientated socialism.  

Answer 3

Actually...we are not a true capitalistic nation.  Our economy is defined as a "social-capitalistic" nation, because we have regulations that don't allow companies to take part in some activities that some would call "dirty" or "greedy" which lowers their profits.  Greed will always remain because the human desire is endless...you find me a rich person who doesn't want to make money..or even a middle-class family that doesn't want more money...you'll be hard pressed to find one.  Capitalism will not be the downfall of the United States because the economy will continue to grow since consumers will always spend money, and producers will always have incentive to continue producing goods.  You cannot curb the greed of a person...only regulate what they can do.  And if you regulate too much...that could be the downfall.  

Answer 4

It is very hard to draw the line-----this must be done on an individual basis, which Jesus spoke of in his teachings....Corporate greed is a built in moral fault that is hurting this nation to a huge extent.

Answer 5

Luke 2.32.

Be the guiding star.

In showing the direction and purpose of life.

Passing by as time traveller in time.

With Code of Honour of the Ten Commandments.

In honouring and worshiping God.

With success in becoming the Son of God.

To be a "Better man" in time.

In doing the work of God.

With the creation of miracles and wonders on land, in outer space and sea below.

For the good of man-kind.

In making this world a better place to live in time.

With the creation of peace on earth goodwill to men for the little ones out there in time.

From there.

They will select on what they want out of life for themselves.

Instead of blindly chasing the great American dreams.

That poof into thin air.

Shrivel up into smokes and ashes in time.

Then crying out there standing in the streets.

That never have any opportunity in life.

When the opportunity is infront of them.

With the streets paved in gold

But dare not take it in time.

Luke 6.39-40,41-45,46=49

What do you think?

Answer 6

This is why the Justice system is so important; it provides the forum to prevent persons from being robbed by unsound business practices or poorly designed social policies ( which should be limited or restricted in the first place). Clear resolve times are literally imperative--and is the essence of Justice.

It is the unrestricted, whether by cost or access, to the Justice system that is affordable to all citizens that distinguishes the difference between Capitalism and Greed.

Non functioning oversight via minimal regulation is also an easy forum for crooks to rob honest, and hard working citizens via systematically designed loopholes in the system.

Great question; it is the active and accessible Justice system that establishes that difference if in fact it is to exist.

Answer 7

Today all worlds are in a whirlwind! Everything is moving so fast it is so hard to keep up.

We have got to keep the faith. I know that is hard to do today, I find it hard at times.

We can only hope to do the right thing at the right time and who knows what that will be. Not any of us for sure, only history will tell.

We have so many many smart people that know all the answers today is mind bending. I think that the poor old working class Americans will come out on top at least I hope they will!

I Speak for the USA only, and for only the people that I know and love that live around me. We are the true americans, Part Indians, Part foreign countries, Part almost everything. We work everyday for a living to pay taxes, buy food and support our family and country.

I would tell those that do not like this to go live where they would be happy!

Now I can agree on some things you ask. One is Greed and I mean political greed and corp. greed. Yes we have them as do all the other countries that I know of today. You forget the greed for power and that is a so very big one. The word Greed is so big and covers so much just like alot of the other things we have to live with today.

The core Values you talk about are still in place and going strong.