• nekbardrun@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    1
    ·
    23 hours ago

    The problem with ethical capitalism is that, in the long run, it is an utopia.

    I say that because any ethical capitalism will under perform against unethical (or even criminal) capitalism. By that, I mean that ethical capitalism earns less profit margins compared with unethical capitalism.

    At some point, the ethical company will either be bought by an (richer) unethical one or will be pushed out of the market.

    Anyways, I do agree with you that an ethical capitalism would be better and, maybe even an first step towards socialism?