Capitalism is Like Egoism
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This paper explains that capitalism nurtures the values of self-interest, greed and unrestrained individualism and the concept of the common good is lost. The paper discusses how a certain form of egoism develops and people begin to only pursue their own need for immediate self-gratification. The paper looks at how Bernard Shaw addressed this problem of capitalism within the context of egoism and also shows how Marx criticized the economic conditions in capitalism because of the presence of exploitation and egoism.
From the Paper:"Capitalism is like egoism also because it fosters economic inequality. This is exactly why capitalism offends the caring people of a society, since egoism allows many people to go without basic necessities. The gap between rich and poor grows and many dispossessed individuals are left without anything. Capitalism allows the security of wealth, just as it cherishes the acquisition of great wealth. In this way, people become egocentric and lose concern for the collective good.
"Capitalism, therefore, nurtures class inequality and competitiveness precisely because of egoism. In competitiveness, many people are left behind, as egoism takes over in each individual's pursuit of his/her success. This is why there is so much alienation and frustration in capitalist society, since egoism flourishes and does not allow many people to reach their own human potential. The workings of the marketplace and of commerce allow human egoism to become the greatest priority."
Cite this Persuasive Essay:
Capitalism is Like Egoism (2003, November 11) Retrieved April 14, 2021, from https://www.academon.com/persuasive-essay/capitalism-is-like-egoism-37989/
"Capitalism is Like Egoism" 11 November 2003. Web. 14 April. 2021. <https://www.academon.com/persuasive-essay/capitalism-is-like-egoism-37989/>