Monday, July 23, 2018

Capitalism and Laissez-Faire

The Capitalist defense of Laissez-Faire conditions is selective.  In phenomena such as Production, Wages, and Income, regulation is rejected, often on the basis of the thesis that they are governed by an internal mechanism of some, or, in other words, that they are naturally self-correcting.  However, elsewhere in the system, there are no such qualms about interfering with Nature.  For, they do not let be sympathetic instincts, which they repress with Normative Egoism, and, likewise, survival instincts, which they manipulate into profit-seeking behavior.  So, the demand for Laissez-Faire in their pursuit of Profit itself aims to reinforce their own violation of Laissez-Faire conditions.

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