Saturday, October 27, 2018

Profit-Seeking and Freedom

The Profit-motive is sometimes defended as 'free' behavior, and, so protected as such.  It follows from that thesis that one is free to choose between breaking even and realizing a profit.  Furthermore, since Profit-seeking is accepted by those defenders as the fundamental behavioral principle, the choice is independent of any ends that might condition it.  But, according to Aristotle, any pursuit of Excess, e. g. seeking more than breaking even, is behavior that is out of one's control, and hence, is not 'free'.  So, absent a response to the Aristotelian analysis, as well to the Spinozist exposure of its inadequacy, the association of 'freedom' and Profit-seeking remains groundless.

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