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RE: Capitalism: Good or Bad? (Part 1 of a Series)
Why does it have to be good or bad? The trading of goods and services for fair compensation should be the cornerstone of all interpersonal relations. The problem is that somehow human nature causes one party to try to achieve an advantage over the other. We as a species teach this to our children. How can capitalism or any social or economic concept work correctly in this environment.
The only "fair compensation" is whatever two people agree on. Beyond that, "fair" is meaningless, and is often used as an excuse for state violence. Unless people commit fraud, in a voluntary market even the most selfish, greedy businessman has to benefit his CUSTOMERS in order to benefit himself. See that computer in front of you? YOU have it, not because all those involved give a crap about you, but because they wanted to enrich THEMSELVES. You benefited from their "greed."
The baker doesn't make bread for his customers out of the goodness of his heart, y'know.
Damn straight! Baking for a living is a pain in the arse - getting up in the wee hours to have fresh product for customers at the crack of dawn every day...