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When morality and ethics is a problem to a great deal of people is it safe to assume that capitalism rewards those individuals with no empathy or remorse who are good at emulating to have them?

e.g. Stock brokers who invest in corporations who pollute the environment, sell weapons to terrorists or invest in medical companies who won't research any cure to diseases because they are making large profits out them.

I'm looking for authors and books against or in favour of this idea.

Reference here

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  • This question is more about psychology not philosophy. Here's a relevant article: theguardian.com/commentisfree/2014/sep/29/… – Alexander S King Feb 23 '17 at 17:09
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    On second thought, this question be reformulated to have significant philosophical content - if you try to place it within a specific ethics framework. – Alexander S King Feb 23 '17 at 17:30
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    If the question needs to be reformulated it's because this is not a real philosophy forum. OK case closed. – user22051 Feb 23 '17 at 21:06
  • The question reminded of a book that I read some time ago, The Corporation: The pathological pursuit of profit & power, you might find it interesting reading. – Mozibur Ullah Feb 23 '17 at 21:26
  • @AlexanderSKing So this is "opinion-based" and "Should I respect other people's religions?" is not. In fact it is "protected by the community". We should have a debate on how medals and points (ego) affect people clarity of thinking, bias judgement, and freedom of speech but not in this network of course... – user22051 Feb 23 '17 at 21:27
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By way of a solution to the undoubted problems of capitalism, an amusing article for the recoding of capitalism has appeared on Wikipedia. Really just along the lines of corporate social responsibility, with full holistic considerations.

Wiki - Criticism of Criticisms of Capitalism

Note 116 - selected quotes from the PDF

Only few disagree that the one-dimensional growth obsession of capitalist societies is a global threat. The general view is that there are reasonable limits to growth that, once exceeded, indicate a need for degrowth. ...

A repoliticization of growth therefore could be a valid strategy to achieve the overall goals of the degrowth movement. ...

Our routine hence turns organizational function system biases from implicit constants into explicit variables. This switch enables economically biased organizations to code more decisions in the languages of non-economic function systems. ...

Organizations for and of a postgrowth economy will hence be less concerned with questions economic de-/growth and more with a growing interest for de-/growth in other function systems of society.

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I think that purely out of a business approach what you say is not true. Corporate Citizenship has if not proven greatly emphasised the importance of companies being pillars of the community.

The manner in which a business is thought of in the community has great impact unto its success. If capatilism has any impact on morality I would think it would be to the good. As long as the management had enough vision.

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  • I don't normally down-vote; but this answer is purely opinion... – Mozibur Ullah Feb 23 '17 at 21:57