The Morality of Capitalism

The morality of capitalism can be understood as the ethical framework that values individual freedom, voluntary exchange, and property rights. It relies on the idea that people should be free to pursue their own economic interests, which can lead to innovation, efficiency, and prosperity. Critics argue it can lead to inequality, while supporters believe it incentivizes hard work and creativity. Morally, capitalism's legitimacy depends on how well its systems uphold fairness, minimize coercion, and ensure that wealth and opportunities are accessible, fostering a society where individuals can pursue happiness and well-being through their own efforts.