Is coca cola bad?
Why is that your decision to make? Who should make that decision? An organization of elected officials? A single leader?
How about the billions of people on earth, each able to choose freely to either buy it or not buy it, and have the freedom to do so?
That's why the free market is so beautiful. It's the original decentralized force. Each man must work for his money. His work makes the money matter to him. His hours and his effort and a piece of his life went into each dollar, and he gets to choose what happens to that dollar. If he decides coca cola deserves his dollar, what moral right do you have over this man? Are you his mother? He is free and should decide what deserves the money he has earned with his time and effort and intelligence.
Together there are billions of economic decisions each day. What to buy, what not to buy, where to buy it, etc. And the people who produce these things are motivated to make good decisions to serve these consumers otherwise they cease to exist. The business owner wants to be rich. He has to produce something of value in an efficient enough way to make a profit. The employee is motived to work doing something reasonable for reasonable pay. He can work anywhere he wants. A job paying $1 an hour would get no takers in america because they can go get something better. So the company has to have an efficient enough system to pay workers a rate at which they will work there, and still make a profit. The consumer is motivated to make good purchasing decisions otherwise he wastes the money he's earned. Each piece of the machine has authentic motivations and each persons decisions are guided by these motivations each and every day. What a beautiful, elegent, justified system.
It's given us every modern luxury and the incredible wealth we enjoy today. Even a person with hardly any skills can work a mindless job and live in a house that has the incredible technologies of electricity, running water, watching tv. It's a miracle and these things exist because of the power of the free market.
The free market is moral because it allows people to make their own decisions.
Your subjective morality is not the authority. You don't get to make decisions for other people. Business people laugh at you talking about morality not because they are bad people, but because they know that manipulative people use 'morality' as a justification for control.
You might say "oh, so the moral compass of our society is the almighty dollar?"
In economic choices, yes. The personal motivations and subjective views of each free man guides their economic decisions. As it should.
Why is that your decision to make? Who should make that decision? An organization of elected officials? A single leader?
How about the billions of people on earth, each able to choose freely to either buy it or not buy it, and have the freedom to do so?
That's why the free market is so beautiful. It's the original decentralized force. Each man must work for his money. His work makes the money matter to him. His hours and his effort and a piece of his life went into each dollar, and he gets to choose what happens to that dollar. If he decides coca cola deserves his dollar, what moral right do you have over this man? Are you his mother? He is free and should decide what deserves the money he has earned with his time and effort and intelligence.
Together there are billions of economic decisions each day. What to buy, what not to buy, where to buy it, etc. And the people who produce these things are motivated to make good decisions to serve these consumers otherwise they cease to exist. The business owner wants to be rich. He has to produce something of value in an efficient enough way to make a profit. The employee is motived to work doing something reasonable for reasonable pay. He can work anywhere he wants. A job paying $1 an hour would get no takers in america because they can go get something better. So the company has to have an efficient enough system to pay workers a rate at which they will work there, and still make a profit. The consumer is motivated to make good purchasing decisions otherwise he wastes the money he's earned. Each piece of the machine has authentic motivations and each persons decisions are guided by these motivations each and every day. What a beautiful, elegent, justified system.
It's given us every modern luxury and the incredible wealth we enjoy today. Even a person with hardly any skills can work a mindless job and live in a house that has the incredible technologies of electricity, running water, watching tv. It's a miracle and these things exist because of the power of the free market.
The free market is moral because it allows people to make their own decisions.
Your subjective morality is not the authority. You don't get to make decisions for other people. Business people laugh at you talking about morality not because they are bad people, but because they know that manipulative people use 'morality' as a justification for control.
You might say "oh, so the moral compass of our society is the almighty dollar?"
In economic choices, yes. The personal motivations and subjective views of each free man guides their economic decisions. As it should.