Even Adam Smith, main architect of free market capitalism, said it couldn’t exist outside an ethical context. He never foresaw capitalism untied to any govt regulation. Capitalism will reclaim an ethical & moral center or a younger generation of Americans will replace it entirely

Apr 7, 2020 · 4:03 PM UTC

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FDR said “I’m not destroying capitalism. I’m saving it.” You can’t sustain a free market when it becomes unfree for the majority of people. You can’t be a capitalist when you have no access to capital! Too many Americans are locked out of the party; it’s immoral & unsustainable.
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Our problem among other things is that there’s no force with major political leverage willing to question the fundamental premise on which the system operates. That used to be the Democratic Party and hopefully it will be again. Right now it’s only lone voices; that’s not enough
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Replying to @marwilliamson
Capitalism can't ever be ethical and moral. And the #coronavirus crisis in US, is proving that.
Replying to @marwilliamson
Adam Smith wrote at a time when real Christianity still existed.
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Replying to @marwilliamson
The replies are disturbing. I think we need to rebrand capitalism: Property rights are human rights. The fundamental principle of capitalism is the right of property. Socialism seeks to destroy basic human rights, veiled as ethical “equalization of outcomes”. Stealing bc envy
Replying to @marwilliamson
Hopefully we replace it entirely
Replying to @marwilliamson
it's an economic system, not a form of government. that we've let it become one is on us
Replying to @marwilliamson
My name is Adam Smith 😃 Good point though.. 👍🏻
Replying to @marwilliamson
Just start at the or part 🦺
Replying to @marwilliamson
Adam smith was not the main architect of free market capitalism. Read the book.
Replying to @marwilliamson
Pompous much?
Replying to @marwilliamson
THEORY OF MORAL SENTIMENTS.
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