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An old friend emailed yesterday to continue a long exchange about philosophy, religion, governance, etc. After a few exchanges, I get this, which I quote in full, and then dissect with comments: No, it's all system dynamics, a completely different paradigm. Capitalism is the philosophy that creates the market, the economy as a whole. this system operates upon us, but is not society itself. Society is full of other values--cultural, moral, familial, aesthetic, etc, all of which are facets of the good. market values are not good or evil, they are productive, and hence, perfectly amoral. This means that if we empower the market past a certain point it will begin to drown the values that make life worth living, and the system becomes oppressive. So we have to make sure that we educate people in the right values, because of course some are better than others. Just throwing up your hands and saying "let the market decide what values are right" means implicitly empowering that productive side of society which we need to moderate. We have a responsibility, a requirement, to exercise our moral judgment as a society, not just as individuals. That is why education is the buttress...
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