A basic premise of Adam Smith's invisible hand argument is... One of the key features of capitalism is... Some critics of capitalism believe that it rests on a flawed view of human beings because... One reason for believing that in practice capitalism fails to live up to its own ideal of competition is...
A common defense of capitalism is the argument that people have a fundamental moral right to property and that our capitalist system is simply the outcome of this natural right. Marxism states... Capitalism leads to a concentration of property and thus a concentration of resources and power in relatively few hands.
A basic tenet of capitalism is that... Capitalism requires private ownership of the major means of production. The concept of the "invisible hand" means... Pursuit of private gain will bring the best overall results. A basic premise of Adam Smith's invisible hand argument is...
Corporations have moral obligations to consumers, to employees, to suppliers and contractors, to the surrounding community, and to society at large. Some argue for the narrow view of corporate social responsibility on the ground that managers have a fiduciary responsibility to maximize the profits of their shareholders.