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undergroundpanther Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-22-05 06:45 PM
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Really Great Site!!
GREED II
Is exploitation wrong?

by Julian Edney (1)

This is not the first time the nation has produced dramatic economic inequalities. What are very wealthy people like? The everyday world of work vs. values of democracy. How the assumption of self-interest leads to fear in the workplace. Freedom, the illusion of freedom, coercion. Exploitation. Credit cards. Meritocracy. Sociopaths. Corporations and the economic justification for the damage they do. Historically we are emerging from an era with no clear ideology, but an era in which materialism and business has expanded powerfully and internationally, and out of the vacuum two old, discredited ideologies, laissez-faire and Social Darwinism appear to be rising again in modern guise. These ideologies are still flawed; the first (contained in modern Libertarianism) vigorously promotes freedom but ignores justice and is indifferent toward democracy. The second is supported by science, is disinterested in humane values and accommodates exploitation as part of the nature of things. The search for a modern economic theory closer to reality. Is this a society of individuals rationally maximizing happinesses? Andrews’s view: at least among the disadvantaged, it is a political economy of hope and fear. Remedies.



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