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Articles

Capitalism & Human Values

Frank S. Robinson stands up for the free market.

Capitalism’s critics triumphantly proclaim that this rotten system of greed, exploitation, and social injustice is now discredited as a failure. ‘Corporate’ and ‘capitalism’ are curse words. I will offer a different view: that the free market has not failed, is not morally bad, and in fact serves deep human values. This is not to disregard its downsides, and, yes, victims. We must pay heed to them, and various reforms might help.