Capitalism Ethical?

Authors

  • Titus Suciu Transilvania University of Brasov, Romania

Keywords:

ethics, morals, morality, moral capitalism, amoral capitalism, immoral capitalism

Abstract

The author of this paper have set off from the question: is the present capitalism ethical? We started with the delimitation and correlation of the concepts of ethics, morals, morality. Further on, we analysed the evolution of capitalism in connection with morals. Based on this research, we came to the conclusion that the capitalist system has undergone through three stages: moral capitalism, amoral capitalism, and immoral capitalism. We concluded by implying that the corporate capitalist society is immoral, that it cannot regulate itself and that the government’s assistance is needed to inoculate the ethics.

Author Biography

Titus Suciu, Transilvania University of Brasov, Romania

Dept. of Finance, Accounting and Economic Theory

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Published

2009-12-11

Issue

Section

ECONOMIC THEORY