Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. economics
  3. ethics deals with morality and i would contend tha

Ethics deals with morality and I would contend that capitalism is an amoral economic model!  (Amoral means without...

60.1K

Verified Solution

Question

Economics

Ethics deals with morality and I would contend thatcapitalism is an amoral economicmodel!  (Amoral means without morals,neither good nor bad.)

What do you think about this statement? Please brieflycomment.

What about other economic systems, say socialism? Do youhave the same answer?

Answer & Explanation Solved by verified expert
4.4 Ratings (573 Votes)
Ethics is a discipline which deals with what is morally good and bad and morally right and wrong The society which we live in has certain obligations like reduction of poverty improvement of health and increase in general welfare of people Although there are examples of how capitalism has caused the life expectancy to rise and also has    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

DUK stock has a Beta coefficient of 1.0. This means that if the Indianapolis-based market (index)...

Finance
Q

B O Make your text Bold O Italicize your text O Underline your text

Biology
Q

e are two small uncharged spheres placed at a distance of 1 m from each...

Physics
Q

5 A ship is being blown by a breeze with a force of 100 N...

Geometry
Q

When absorption costing is used, all of the following costs are considered product costs EXCEPT...

Accounting
Q

Required Compute the cash proceeds from bond issues under the following...

Accounting
Q

Which of the following payroll costs are shared equally by the employer and the employee?...

Accounting
Q

7. A company comparative partial balance sheets and partial income statement are presented. Balance sheet:...

Accounting
Q

Crane Organics Ltd. Has a number of commercial greenhouse operations in British Columbias Fraser Valley....

Accounting
Q

The Jason Company is considering the purchase of a machine that will increase revenues by...

Accounting
Q

Access the Accounting Standards Codification and determine the specific citation for each of the following...

Accounting
Q

how to calculate discount rate of factor at 9% wats the step to get the...

Finance