Commentary

August 5, 2007

Bottom-Up Morality & Top-Down Morality

Filed under: Politics, Morality

left-wingers (such as social democrats) believe morality does not need to be regulated, but economy should be regulated, because a capitalist businessman with no moral is a danger to society.

Right-wingers believe morality should be regulated, but economy doesn’t need to be regulated, because a capitalist businessman with a strong sense of morality will not harm society for his own personal gain, and even if he does get out of line, a population with sense of morality will not support him.

And then there are Libertarians (or classical liberals), who believe neither morality nor economy should be regulated, let God/nature/the invisible hand sort things out.

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