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John Dibble
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Posts: 18,732
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« on: April 16, 2010, 03:11:24 PM »

In theory and principle I think it is fair, but then again other systems also sound fair. In practice it is imperfect, but capitalistic systems with reasonable regulations tend to produce the best results for the greatest numbers of people over the long term when compared to the other systems we've tried. Human systems will likely always have some degree of unfairness to them, so the best we can do is support the systems that do the most good and don't make us feel like we're doing something unethical. (a system could in theory be extremely good for 99% while horrifically bad for 1%) If someone managed to think of a better type of system that could be implemented in the real world, I'd support it.

Also, what the heck are "Sometimes Deserts"?
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John Dibble
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*****
Posts: 18,732
Japan


« Reply #1 on: April 16, 2010, 04:45:09 PM »

When Justice is considered in Philosophical terms one will sometimes think about Deserts. Deserts basically raise the qeustion "did he/she get what they deserved".

1. Don't you mean "desserts"? Spelled with a double 's'. Also, the term is "just desserts" not "sometimes desserts", fyi.
2. Either way, that and justice are not proper nouns so please stop capitalizing them. Tongue

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Capitalism's effect on third world nations largely depends on whether or not they accept capitalism and whether their government is capable, competent, and willing enough to do what is necessary to work with such a system. If those conditions are met, the nation in question will likely modernize. Some parts of modernization will initially produce some bad effects (take China's pollution problem for instance) but once enough wealth has been generated in the nation that country will more than likely be willing to spend a little extra to lessen those problems. The full benefits are largely something that will come to the population in time, perhaps even over many generations, but they generally will come.

Compare this to nations whose governments vehemently reject capitalist principles. Even if they attempt to modernize the mismanagement is so great that the benefits are minimal at best. Take North Korea for example.
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