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« Taoism is not Corrupt | Main | Baseball Fate »

August 19, 2006


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A great article, Professor.

Capitalism as an economic model is amoral. Adam Smith recognized the limitations of capitalism, being a moral essayist, he theorized that the 'invisible hand' of society would overcome an amoral system that could easily become immoral. Yet as we see in the West, when religion becomes marginalized, the invisible hand of Christianity no longer can steer this economic system, and for some, capitalism becomes the religion. I see this as China's greatest challenge in the years ahead, will this amoral economic system be guided by Confucian values (the invisible hand), or will money and greed guide capitalism from amorality to immorality?

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