Capitalism with Morality
“Capitalism with Morality” by D. W. Haslett is a revised edition published by Clarendon Press in 1996, comprising 280 pages. This book presents a broad and lucid study of various economic systems, integrating economic criteria of success with a philosophical analysis of ethical foundations and moral justification. Haslett explores the persistent moral discontent surrounding capitalism, even in the wake of socialism’s decline, and examines both unadulterated capitalism and centrally-planned socialism.
Readers will find an in-depth analysis that considers economic systems through both moral and economic lenses, addressing criteria such as freedom, justice, and equal opportunity alongside productivity, growth, and employment levels. The author concludes by outlining and defending an alternative system aimed at addressing the moral shortcomings of contemporary capitalism while retaining its traditional strengths. This work is relevant for those interested in the intersection of business, economics, and ethical theory.
Official synopsis Publisher
A broad and lucid study of the merits of different economic systems, this work combines economic criteria of success with a philosophically sophisticated analysis of ethical foundations and moral justification. Arguing that despite the fall of socialism, the deep feelings of moral discontent that many have with capitalism are as strong as ever, the author analyzes unadulterated capitalism and centrally-planned socialism. He considers economic systems from a moral as well as economic standpoint, considering such criteria as freedom, justice, and equal opportunity, as well as standards of productivity, growth, and employment levels. The author concludes with an outlining and defending an alternative system which attempts to avoid the moral deficiencies of current capitalism without abandoning the traditional strengths and benefits of capitalism itself.
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