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Is a Moral Compass a Hindrance Or a Help For Startups?

Nerval's Lobster writes As an emerging company in a hotly contested space, Uber already had a reputation for playing hardball with competitors, even before reports leaked of one of its executives threatening to dig into the private lives of journalists. Faced with a vicious competitive landscape, Uber executives probably feel they have little choice but to plunge into multi-front battle. As the saying goes, when you're a hammer, everything looks like a nail; and when you're a startup that thinks it's besieged from all sides by entities that seem determined to shut you down, sometimes your executives feel the need to take any measure in order to keep things going, even if those measures are ethically questionable. As more than one analyst has pointed out, Uber isn't the first company in America to triumph through a combination of grit and ethically questionable tactics; but it's also not the first to implode thanks to the latter. Is a moral compass (or at least the appearance of one) a hindrance or a help for startups?

197 comments

  1. Capitalism does not reward morality by Lilith's+Heart-shape · · Score: 2, Insightful

    Morality is for the working class. If you want to succeed in a capitalist economy, it's better to be amoral.

    1. Re:Capitalism does not reward morality by wcrowe · · Score: 4, Insightful

      I think you're equating capitalism with avarice. It is possible to run a business while maintaining a sense of morality. Lots of people do and make a living that way. However, if all you want to do is make money, and continue making more and more of it, for no reason other than to keep making more of it, then yes, morality must, at some point, be tossed out.

      --
      Proverbs 21:19
    2. Re: Capitalism does not reward morality by Anonymous Coward · · Score: 0

      No system at the moment seems to reward morality. There is one common element that prevents this, human. The one that doesn't mind to break a few rules or legs, and doesn't get caught, will always have an edge.

    3. Re:Capitalism does not reward morality by Zephyn · · Score: 4, Insightful

      Early on in the life-cycle of a company, getting a reputation as being too immoral can hinder your ability to attract employees, customers, and investors. You need to make the most of your benefit of the doubt when you're small and no one knows about the people running the place. Once you've become a significant or dominant part of the market you're competing in, the public's perception of your morality doesn't matter as much.

      In other words, your true nature as a heartless bastard shouldn't go public before your company does.

    4. Re:Capitalism does not reward morality by roman_mir · · Score: 2

      Capitalism (private ownership and operation of property) in a free market system (system free of government intervention) has proven to be the best system for generating profits while improving the overall economy for all people involved. People tossed out the free market and they are trying really hard to toss out capitalism as well, they saw all the wealth generated in a free market capitalist system and believe that that wealth is gained somehow immorally, however I argue that making profits in a capitalist free market system is the most moral way to run an economy.

      I say the most moral and I mean exactly that:profit motive in a free market capitalist system is the most moral way to run an economy. All other ways to run an economy require reduction of freedoms (bigger government) and reduction of property rights (move from capitalism to any form of dictatorship, be it socialism or fascism, which are almost the same thing exactly or be it just a singular ruler or a feudal system). Anything that reduces individual freedoms is less moral than anything that increases individual freedoms. Anything that reduces private property rights and self determination through these rights is less moral than than anything that increases private property rights and self determination.

      AFAIC the profit motive is the most moral way to run a society because it is the most moral way to run an economy without stealing and without using collective violence against an individual.

    5. Re:Capitalism does not reward morality by Eristone · · Score: 1

      So you are saying Machiavelli got it backwards? :)

    6. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 2, Insightful

      The profit motive encourages stealing. That's what's going on on Wall Street. Capitalism has been great for a portion of the developed world, and it worked for that portion because they used it as an excuse to steal from everyone else.

    7. Re:Capitalism does not reward morality by fustakrakich · · Score: 1

      Silly goose. Restricting access to natural resources with your phony land deeds requires a great deal of amoral force. You describe nature, not morality. Nature is completely indifferent and amoral, just like capitalism, and that's why capitalism actually works. It's a purely animal thing. Nothing 'moral' about it.

      --
      “He’s not deformed, he’s just drunk!”
    8. Re:Capitalism does not reward morality by westlake · · Score: 1

      I think you're equating capitalism with avarice. It is possible to run a business while maintaining a sense of morality.

      When you are playing fast and loose with your customers, your suppliers, your employees, your financial backers, the press, the government --- what do you think is happening inside your start-up? Most likely, the rot is spreading everywhere.

    9. Re:Capitalism does not reward morality by vux984 · · Score: 4, Insightful

      . Anything that reduces individual freedoms is less moral than anything that increases individual freedoms.

      Your entire argument hinges on that premise being true. Its not true. The rest of your argument falls with it.

      Suppose I and my friends have all the money, all the property, and all the food, and you don't have any of it. What exactly are you free to do?

      I am not taking away your freedoms. You are absolutely free in every sense of the word. Now how are you going to live without somehow infringing on my and my friends freedom.

      You can offer us you labor in exchange for something, and if we feel generous we might take you up on it. Or not. Lets suppose not. Now what do you do, exactly, with all your freedom? How are you planning to pull yourself up from your bootstraps? You can't work the land, because its mine and I don't need you to. You can't forage, again, all the property is owned, and you aren't welcome to poach from it.

      How you make it past a week is beyond me. The charity of others to clothe and feed you I guess. So you may live at their whim and sufference, and should they decide you no longer amuse them, I guess you die.

      Yes, that sounds like a good system upon which to found civilization.

    10. Re:Capitalism does not reward morality by AuMatar · · Score: 3, Insightful

      You misunderstand how libertarians use the word free. To them, freedom means being able to do whatever they want whenever they want in any way they want without any form of responsibility to anyone or anything. In other words they mean anarchy, and they're deluded enough to think they're all Ayn Randian supermen who will rise to the top in such an environment. Holding a rational debate or explaining anything to someone like that is a waste of time, it's like trying to convert the pope to Buddhism.

      --
      I still have more fans than freaks. WTF is wrong with you people?
    11. Re:Capitalism does not reward morality by dAzED1 · · Score: 1

      His text was off then, but not his subject line - "Capitalism does not reward morality." That it's possible to be moral and somewhat succeed isn't per se the point - the point/question is whether morality is a hindrance. It most certainly is one of those, when in a society (like ours) where companies can make false claims to having morality - some of us intentionally seek out moral businesses to patronize. When truthful labeling (and the like) is not mandatory, and court cases actually strike the requirement to be truthful, then there really can be no more reward for morality.

    12. Re:Capitalism does not reward morality by doug141 · · Score: 1

      John is shipwrecked on a raft. He heads towards an island. He approaches, he sees coconuts and small animals, he knows he can make a life here. He also sees another man pulling his raft onto the beach.

      John gets to the beach and meets Bob. Bob says he got to the island first and owns all the property. John says that's BS. Bob shows proof he was born there. John wasn't going to go along with that system when he thought Bob just washed up, and he's thinking about living on an island where he is going to be Bob's financial slave. Bob sees his hesitation, and says his ownership is backed by power: in this case, a fancy gun and a solder who washed up yesterday and agreed to work security to pay for his own room and board (half of it, anyway).

      What should John do?

    13. Re: Capitalism does not reward morality by Dzimas · · Score: 2

      Hire a better scriptwriter?

    14. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 1

      Humans don't need encouragement to steal, or rape, or kill, or anything else. They'll do it regardless of economic system.

    15. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      Suppose I and my friends have all the money, all the property, and all the food, and you don't have any of it. What exactly are you free to do?

      I am not taking away your freedoms. You are absolutely free in every sense of the word. Now how are you going to live without somehow infringing on my and my friends freedom.

      - tell me, how did you arrive to a situation in a free market capitalist economy where you and your friends have 'all the money' and 'all the property' and 'all the food'?

      You are building a strange enough hypothetical situation, which falls apart once you realise that in a free market capitalist economy you could not arrive at that destination. You can't own everything around you while the rest of the people own nothing, that's not possible within an actual free market system, which requires that government is not preventing people from competition.

      The only thing that actually creates real monopolies is government threat of violence. Today in Toronto UberX is being fought by the city government to try and protect the existing business models that the city is involved in (taxi licensing, etc.) and they do it under the guise of 'protecting the people'. Well sure, they are protecting some people at the expense of everybody else, who would rather do business with UberX than with government protected and licensed monopolies.

      You create a hypothetical out of vacuum while pretending that a situation like that arises in a free market capitalist system, it does not.

      In a free market capitalist system you are born a free person, a family or a charity is taking care of you or you while you are a child and eventually you learn from peers and become an apprentice in a business, studying it, learning the skills necessary to provide others within the same market conditions with the output of your own labour. You don't 'own everything', you only own what you can earn and with time your earning potential increases.

      A situation with too much labour and not enough jobs only arises in government manipulated economies, which are not free market economies. In a free market capitalist economy markets discover prices that allow markets to clear, that means the prices adjust accordingly to the supply and demand for all things, including all types of labour and capital and land and other assets and resources.

      So my argument doesn't fall apart, you can pretend that a situation that you describe will arise in such settings, but it does not, a situation that you describe arises in a non-free economy, in a non-capitalist economy.

      A capitalist economy means private ownership and operation of property, this includes your own body and that is what gives us self determination - ability to operate our bodies free from government intervention and manipulation and our bodies extend to the fruits of our labour, which required us to input some kind of work, taking away from our leisure and doing work that somebody finds useful and is willing to exchange fruits of his/her for your productive output voluntarily.

      In a situation when a person appears out of nowhere who has nothing and is in need of some help, people never refused others some help, but this is absolutely different from all forms of government tyranny, the tyranny of the State, that steals from us supposedly to 'help'.

      It is unacceptable to declare some form of moral authority based on theft and initiation of violent force.

    16. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      Humans don't need encouragement to steal, or rape, or kill, or anything else. They'll do it regardless of economic system.

      They'll do it regardless of the rule of law and government. So your solution is what ?
      Go live in the caves and fight each other with clubs, stealing/rape women and hunt ?

    17. Re:Capitalism does not reward morality by penguinoid · · Score: 1

      With capitalism, you can use money to get more money, exponentially. It's hard to beat exponential.

      --
      Don't waste your vote! Vote for whoever you want, unless you live in a swing state it won't matter anyways
    18. Re:Capitalism does not reward morality by sg_oneill · · Score: 1

      You misunderstand how libertarians use the word free. To them, freedom means being able to do whatever they want whenever they want in any way they want without any form of responsibility to anyone or anything. In other words they mean anarchy, and they're deluded enough to think they're all Ayn Randian supermen who will rise to the top in such an environment. Holding a rational debate or explaining anything to someone like that is a waste of time, it's like trying to convert the pope to Buddhism.

      Hey hey, don't go blaming anarchists for the libertarians and the ancaps. Theres a damn good reason why anarchists are anti-capitalist and have sworn by the motto of "Property IS theft" since Proudhon first said it in the 1800s.

      --
      Excuse the Unicode crap in my posts. That's an apostrophe, and slashdot is busted.
    19. Re:Capitalism does not reward morality by rockout · · Score: 1

      It's a stretch to say that Uber is doing even half of these, if that's what you're inferring. I'm an Uber customer and I have exactly zero complaints about Uber playing "fast and loose" with me.

      Do I wish that one senior VP wasn't a total douchebag? yes, that'd be great. But if I refused to use the products and services of every company that had a douchebag senior VP in their ranks, I'd probably have to move to Alaska and start learning how to build everything myself.

      --
      I've learned that they're worthless, so I don't read AC comments anymore.
    20. Re:Capitalism does not reward morality by vux984 · · Score: 4, Insightful

      - tell me, how did you arrive to a situation in a free market capitalist economy where you and your friends have 'all the money' and 'all the property' and 'all the food'?

      How did I arrive at that state? Its the DEFAULT state.

      We are all born naked and with nothing. And everything in the world is owned by others.

      For me to make it week into infancy, I'm already imposing upon someone else.

      Presumably, you are in favor of passing the burden of clothing and feeding a newborn to its parents. So are you already, now reducing their freedoms to maximize their own profits to support your life??

      Ah, but they're your parents... so that's special.. if they didn't want that obligation they shouldn't have had you right? Ok... so lets say your fathers dead before your born and mom dies in childbirth. The hosipital and funeral expenses wipe out what little she had. You certainly don't expect me and my friends to bury her for free do you?

      So there you are still naked and penniless.

      Your move.

      In a situation when a person appears out of nowhere

      Its usually out of a womb via one of a couple routes.

      It is unacceptable to declare some form of moral authority based on theft and initiation of violent force.

      So the parents shouldn't be obligated to take care of the child? Who exactly should be? And how would you structure this so that it wasn't based on "theft and the initiation of violent force"?

      Charity run orphanages and such? Because if that's your "solution" then you really are just advocating the "You get to live as long as you amuse me and my friends, until we decide we're bored of you, and stop. Then you die."

      And its not just infants that appear "out of nowhere" countless children grow up and move out with minimal or no assets (the clothes on their back). And nobody has to look after them. One mistep and their meager fortunes eliminated. And they too get to live at the whim of me and my friends.

      In a free market capitalist system you are born a free person, a family or a charity is taking care of you or you while you are a child

      Why should they? What if they decide not to? Nobody can force them, so what happens then?

      and eventually you learn from peers and become an apprentice in a business, studying it, learning the skills necessary to provide others within the same market conditions with the output of your own labour.

      Nobody is required to take me as an apprentice. Nobody is required to hire me. Your vision is a defective as pure communism and fails for the same basic reasons. In pure communism, it is argued no one is motivated to work or do undesirable jobs so they don't and it collapses. But your capitalism fails just as hard, nobody is required to hire you. Nobody is required to need your labor. Being willing and able to work doesn't mean anyone

      You don't 'own everything', you only own what you can earn and with time your earning potential increases.

      Consider "me and my friends" to be any population. Collectively we do own everything. It is not a 'bizarre' circumstance, its the way it is for all of us all the time. Most everyone (aside from immigrants bring external wealth) added to the population comes at it with NOTHING and only has what the rest GIVE them. If they don't choose to give them anything, what exactly are they supposed to do?

      Furthermore wealth concentrates. In any capitalism a smaller and smaller proportion of a population controls more and more wealth, until eventually someone has it all. The game monopoly is actually a reasonable (simplified) model for why this happens.

      Consider the "losers" in monopoly; what could they do differently? Consider why it never reaches a steady state, and a winner is eventually inevitable.

    21. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      We are all born naked and with nothing. And everything in the world is owned by others ....
      So there you are still naked and penniless.

      - the care for orphaned children is provided by private charities without any questions. As a child, your entire existence depends on others for some time, and yes, your parents brought you to this world it is their responsibility. If they don't want you plenty of charity orphanages exist around the world and in a free market environment adoption is much easier than what it is today. Plenty of people want to adopt children.

      Its usually out of a womb via one of a couple routes.

      - and presumably you are a wanted child, if you are not, again, there are adoption and orphanage routes. Worst case scenario you get tossed into a trash bin, but those cases exist under any social/economic systems, the point of children has no merit in these discussions.

      In fact the SS was originally set up in the states for 'widows and orphans', well it was an obvious welfare scam from the very beginning and should never have started, but it was because of the wrong idea that the market is unable somehow to deal with edge case scenarios that you want base the policy upon and cram it down everybody's throats.

      And its not just infants that appear "out of nowhere" countless children grow up and move out with minimal or no assets (the clothes on their back). And nobody has to look after them. One mistep and their meager fortunes eliminated. And they too get to live at the whim of me and my friends.

      - profit driven free market capitalist society is a wealthiest society that can possibly be built without violence against individuals, thus it is the most moral society and in such a society there are enough resources for every form of private care to exist, from charities and orphanages simply to adoption where it concerns children.

      Nobody is required to take me as an apprentice. Nobody is required to hire me.

      - nobody is and nobody should be. Forcing people is immoral however it is done.

      However without government rules on hiring/firing practices there are no issues for people to find apprenticeship positions. I run a business and I have people that start working here for free just to learn the skills. Governments stand in the way of apprenticeship positions, many people would not refuse free / cheap labour and help in exchange for letting a person to work and learn on the job.

      But your capitalism fails just as hard, nobody is required to hire you. Nobody is required to need your labor. Being willing and able to work doesn't mean anyone

      - wrong, capitalism is private ownership and operation of property and in a free market settings (absent government meddling) there is no need to force anybody to start businesses and to hire at market clearing prices.

      Clearly you have a huge problem understanding what a market clearing mechanism absent government intervention is. You apparently want to force people to hire others or to force people to feed others for some unbelievable insane reasons that you interpret as 'morality', while what you are actually doing is engaging in the most immoral act of all: initiating act of violence against individuals.

      Consider "me and my friends" to be any population. Collectively we do own everything.

      - wrong, collectively you own absolutely nothing. Every time one can in such a 'collective ownership', one pulls the blanket to himself, stealing, cheating, doing whatever he can to take that 'collective' possession (a contradiction in terms) and make it his or her own individual possession.

      Most everyone (aside from immigrants bring external wealth) added to the population comes at it with NOTHING and only has what the rest GIVE them. If they don't choose to give them anyth

    22. Re: Capitalism does not reward morality by doug141 · · Score: 1

      It's a wiki. Do it better.

    23. Re:Capitalism does not reward morality by tompaulco · · Score: 1

      Well, what good is a solder and a fancy gun (which I assume to mean a solder gun) to Bob. If John is a Geek, he probably knows how to use a solder gun and can offer to build some electronics or at least a coconut radio in exchange for rent on the island.

      --
      If you are not allowed to question your government then the government has answered your question.
    24. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      Are your kidneys theft? You have kidneys, that's theft. Also your eyes and all other body parts, it's complete theft.

    25. Re:Capitalism does not reward morality by budgenator · · Score: 1

      That's true, but probably not to the extent most would think, mostly you just have to put more effort into activities that are productive and less into activities that are non-productive. About 20% of your activity is going to produce 80% of your results, so you hire assistants to do the 80% and you consentrate on the 20% of that that is making 80% of your money and do more of it.

      --
      Apocalypse Cancelled, Sorry, No Ticket Refunds
    26. Re:Capitalism does not reward morality by tompaulco · · Score: 1

      Uber isn't fast and loose with their customers. They are fast and loose with the law. They claim that their business model is such that they don't require taxi licenses. But all of the reasons they cite could just as easily be cited by the taxi services.

      --
      If you are not allowed to question your government then the government has answered your question.
    27. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      Morality is for the working class. If you want to succeed in a capitalist economy, it's better to be amoral.

      Even when you're selling a product that depends heavily on trust? I'm not about to hire anyone to ferry me around sourced by a thug who runs a protection racquet. I might as well ask to be mugged.

    28. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      Capitalism (private ownership and operation of property) in a free market system (system free of government intervention) has proven to be the best system for generating profits while improving the overall economy for all people involved. People tossed out the free market and they are trying really hard to toss out capitalism as well, they saw all the wealth generated in a free market capitalist system and believe that that wealth is gained somehow immorally, however I argue that making profits in a capitalist free market system is the most moral way to run an economy.

      I say the most moral and I mean exactly that:profit motive in a free market capitalist system is the most moral way to run an economy. All other ways to run an economy require reduction of freedoms (bigger government) and reduction of property rights (move from capitalism to any form of dictatorship, be it socialism or fascism, which are almost the same thing exactly or be it just a singular ruler or a feudal system). Anything that reduces individual freedoms is less moral than anything that increases individual freedoms. Anything that reduces private property rights and self determination through these rights is less moral than than anything that increases private property rights and self determination.

      AFAIC the profit motive is the most moral way to run a society because it is the most moral way to run an economy without stealing and without using collective violence against an individual.

      lol, see someone just took freshman philosophy at their local community college... keep studying chap!

    29. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      "You are building a strange enough hypothetical situation, which falls apart once you realise that in a free market capitalist economy you could not arrive at that destination."

      Any ideology whose only solution to challenging situations is "but that would never happen because" is horseshit.

    30. Re:Capitalism does not reward morality by RabidReindeer · · Score: 2

      You say a lot. I say a little. It has the virtue that there are less moving parts that have to function properly for it to work.

      There's an old adage: "Nothing succeeds like success". It has variants like "Nobody got fired for buying IBM (Microsoft, or whatever the current 800 lb gorilla in the industry is).

      Microsoft and IBM didn't reach monopoly size because some government passed a law favoring them or restricting their competitors. They reached it because the bigger they got the bigger they could get. Most free markets are what engineers call "positive feedback loops". Once you're big enough, you can certainly buy government, but once you're big enough, you can buy just about anything at wholesale rates.

    31. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      Suppose I and my friends have all the money, all the property, and all the food, and you don't have any of it. What exactly are you free to do?

      I am not taking away your freedoms. You are absolutely free in every sense of the word. Now how are you going to live without somehow infringing on my and my friends freedom.

      - tell me, how did you arrive to a situation in a free market capitalist economy where you and your friends have 'all the money' and 'all the property' and 'all the food'?

      You are building a strange enough hypothetical situation, which falls apart once you realise that in a free market capitalist economy you could not arrive at that destination. You can't own everything around you while the rest of the people own nothing, that's not possible within an actual free market system, which requires that government is not preventing people from competition.

      Proclaiming this state isn't possible in a free market system is a huge leap of faith. There's a lot of empirical evidence against it (many markets tend towards monopolies/monopsonies/oligopolies). Logically it doesn't make sense, because as the price tends towards the marginal cost of production, economies of scale tend to favor larger producers/consumers. In other words, Citation Needed.

    32. Re:Capitalism does not reward morality by labnet · · Score: 1

      Great Post:
      The USA has allowed capitalists to subvert government to impoverish its people... but look at northern Europe: highly socialist while allowing capitalism and I think a much more mature society than the USA.
      Even in Australia, we are much more socialized than the USA, and yes I hate the high taxes, but it provides a much better safety net for the poor.

      --
      46137
    33. Re:Capitalism does not reward morality by doug141 · · Score: 1

      Oops *soldier. Anyway, John offers to work (40 hours a week?) for rent. Bob says ok. After they have an agreed upon deal going for a few days, Bob says "Our deal was 40 hours a week 'for rent' (he made air-quotes and smiled). You have not been paying for my food that you have been eating. It'll be 80 hours a week now, making goods and services for me. Or get off my island."

      John's move.

    34. Re:Capitalism does not reward morality by znrt · · Score: 1

      he said "if you want to succeed in". which starts with the with the obvious question (witch many possible non-obvious answers) of what your definition of success is. i guess you're lacking ... a success compass!!

    35. Re:Capitalism does not reward morality by znrt · · Score: 1

      Capitalism (private ownership and operation of property) in a free market system (system free of government intervention) has proven to be the best system for generating profits

      doesn't make it good. specially not if it's not sustainable. and this:

      while improving the overall economy for all people involved.

      is false. it has improved the economy for some, at the cost of busting the economy for many.

      capitalism is no good if it doesn't generate actual value besides profit and doesn't control inequality. a global market whose only regulation is concerned with protecting profits and socializing losses is a call for disaster. factor in the surge of an uncontrolled financial economy which even manages to destroy value and you'll see very clearly why the world is in shit that deep. funny times ahead indeed.

      the question isn't "capitalism" or not, but how. uncontrolled capitalism ends up working by just displacing costs, either to other territories or people, or into the future. this may seem like big business but these costs do pile up and "overall" each year we are in deeper shit.

    36. Re:Capitalism does not reward morality by Mr.+Slippery · · Score: 1

      Capitalism (private ownership and operation of property) in a free market system (system free of government intervention)

      There is no such thing as private property without government intervention. "Property" in any sense more than what a nomadic human could carry with them, is a government creation. To "own" something means exactly and only to be able to call on government force to obtain or maintain control of that thing, or to be free from the usual government sanctions for such use of force. Land ownership is rooted in government-issues pieces of paper. Every physical good ultimately comes out of the land. So-called "intellectual property" is entirely made up by the state.

      Property is not a right, it is a human invention that at best we can use protect rights -- or at worst can use to protect the power of a ruling class. Capitalism is a system where the state the notion of uses property to preserve the power of a small artistocatic owning class.

      Anything that reduces individual freedoms is less moral than anything that increases individual freedoms.

      And capitalism reduces individual freedoms, and is thus immoral. QED.

      --
      Tom Swiss | the infamous tms | my blog
      You cannot wash away blood with blood
    37. Re:Capitalism does not reward morality by Darinbob · · Score: 1

      Corporations are set up so that you never have to blame yourself. If you do something a bit shady, it's because the boss told you to, and it was likely due to a bout of group-think. If you are the boss, then you're doing it because some executive told you to do it, during a session of group-think. If you're an executive or even the CEO then you did it because the board expects you to do it, and you do whatever it takes to make the quarterly numbers look right. If you're on the board you get excused because you're not actually running the company or doing any management whatsoever, you're just there to make sure the books look correct and keeping the execs from stealing your money.

      So who do you blame? It's all group think. It only falls down when a CEO is stupid enough to actually admit an intention to do something unethical, as in the Uber case.

    38. Re:Capitalism does not reward morality by gstoddart · · Score: 2

      You create a hypothetical out of vacuum while pretending that a situation like that arises in a free market capitalist system, it does not.

      Look, your entire reasoning is a hypothetical out of a vacuum based on unsubstantiated claims that your beloved free market achieves the outcomes you claim it does, and doesn't devolve into all of the bad things you claim it won't.

      Sooner or later, some entity will decide that your perfectly abstract, morally superior pile of crap fiction is no fun, and they're going to use their own threat of violence.

      Or someone is going to decide that, why should I play fairly when I can cheat?

      Or several someone's will get together to for a cartel and collectively cheat.

      In a free market capitalist economy markets discover prices that allow markets to clear, that means the prices adjust accordingly to the supply and demand for all things, including all types of labour and capital and land and other assets and resources.

      See, this is the fundamental flaw in your argument: prove it .

      You can't, because you are basing it off an idealized theory in a vacuum. It's a religion, it's not some intrinsic fact of the universe. It's an ideology.

      You are claiming that something which has never existed will achieve perfect and desirable outcomes because it is inherently perfect.

      I'm saying it's never existed, never can exist, and that your theory completely assumes an impossible level of perfection of human nature, which isn't borne out by what actual humans actually do.

      Your vision of free market economics is as deluded, irrational, and utterly false as the deluded, irrational, and utterly false premises of Communism. In their pure, unadulterated (and therefore mythical and impossible), neither Communism nor Capitalism as you describe it will ever have a hope in hell of achieving the outcomes you claim.

      They're both crap when you take them to absurd extremes.

      It's a really nice fantasy. But, it is purely a fantasy -- if your vision of the most perfectly awesome society imaginable is blind to actual human nature, it's nothing more than the ravings of a deluded fool. Because people will not naturally do anything other than seek to gain advantage for themselves.

      Capitalism will devolve into kings and oligarchs, in much the same way Communism did. Because humans are inherently greedy bastards who will never abide by any rules unless someone forces them to.

      And claiming your system will have perfect outcomes because it's so inherently perfect it has to? That's complete and utter crap.

      And, go ahead, say Austrian School ... I'll just laugh in your face and yawn. It's just more of the same drivel.

      --
      Lost at C:>. Found at C.
    39. Re:Capitalism does not reward morality by matbury · · Score: 2

      To simply say that "free market capitalism works" isn't even wrong. Economies are complex and mixed. There has never been a purely free market economy anywhere in the world and there never will be. Thinking that one approach, one tool, and one set of measures will be appropriate for all cases and scenarios is plainly wrong. Economic policies, approaches, tools, and measures need to be selected and adjusted according to the circumstances in each case. Sometimes monetarism is appropriate, e.g. at the start of a period of growth, sometimes a more Keynesian policy, e.g. in a recession, etc.

      Only a misinformed amateur would think that it's feasible to throw all the tools out of the box except one. Try listening to real economists instead of the amoral money grabbing psychopaths at the Chicago School, Wall St., and on Fox News.

    40. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      My 'beloved' free market created the USA economy of 19th century that the socialist/fascist policies of 20th and the 21st century have successfully destroyed.

      Violence happens whether there is free market or whether there is socialism of fascism. However a socialist / fascist / dictatorial system is violent by definition, its violence is delegated to the government structure, which means that it can only grow unchallenged by any internal competitive forces.

      Free market will also have violence, there is not even a slightest question about it. The difference is very important: in a free market capitalist economy violence remains in the hands of private individuals, who can and will create systems, that will occupy the space that the violence wants to occupy. This space is left to the people that are unproductive but desire life that they did not earn, so they will attack the productive individuals and there will be Mafias created, not government bandits but private sector bandits.

      They will compete with each other for turf and as with every competitive system the prices that the market has to bear will go lower, the prices that people will have to pay to the competitive Mafia market will be pushed down by the same competitive forces that push down prices for cell phones and MRI scans (and the only reason that health care prices go up is government counterfeit money and regulations, not technology, technology is progress that pushes prices lower, not higher).

      My position is that organised crime in a free market capitalist society costs society much less than organised government. I never in my wildest dreams assume anything about people beyond the actual desire to benefit from every situation in some way.

      There is no ideal society and I don't assume anything about human nature beyond desire to survive. People like you think that people like me assume something 'good' about the market participants, you couldn't be further from the truth. I assume that everybody who can take advantage of you will try to do it for their own gain and benefit. However in a free market capitalist economy you stand to gain more by working for the market than against it.

      You stand more to gain by capturing hearts and minds of individuals the way largest companies of today capture them, Apple, Google, Tesla, whatever. Those are the actual free market players, not Haliburton, not Boeing, not General Motors, not F&F.

      The reality is that you allowed yourself to be placed into a very tiny box by your government propaganda 'education' system.

    41. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      "- and presumably you are a wanted child, if you are not, again, there are adoption and orphanage routes. Worst case scenario you get tossed into a trash bin, but those cases exist under any social/economic systems, the point of children has no merit in these discussions."
      Or you could be born specifically to be sold as a sex slave. -.-

      Why is it that so many people make such huge assumptions about how capitalism will work and then act all surprised when it fails completely? What really surprises me is that they seriously think an ideology can work under any circumstances because it works in some hypothetical situation (at least according to your bs assumptions). The fact is that there are some markets where capitalism can not possibly work and (surprise surprise!) does not work.

    42. Re:Capitalism does not reward morality by gstoddart · · Score: 2

      My 'beloved' free market created the USA economy of 19th century

      No, the thing which created that economy was not your fictional, romanticized version of a free market economy, and it never was.

      Yes, it was a form of Capitalism, but you have a completely made up idea of how it really worked.

      The reality is that you allowed yourself to be placed into a very tiny box by your government propaganda 'education' system.

      No, the reality is you're full of shit and have already devolved into ad hominem attacks.

      Do you understand how crazy you sound when you say stuff like this?

      I've read Ayn Rand, Adam Smith, Ghandi, Marx, Aristotle, Neitzsche, John Locke, and shit I've forgotten about. I've drank the kool-aid, lived to tell the tale, and moved on.

      It is my considered opinion that all of these systems have interesting things to tell us, absolutely none of them carry some Bright Universal Truth, and that many of them carry seeds of some pretty scary ideas when taken to extremes.

      I don't believe you can create a just society when you leave people to starve in the streets and die of illness.

      I don't believe you can create anything other than new lords and serfs through unfettered capitalism, because power accumulates and corrupts.

      I don't believe you can have a utopian society in which everybody has everything they could ever hope for.

      I don't believe you can have a functioning society if the only thing your government does is enforce contracts and property rights for people who have the money to benefit from them -- while saying that everything else is a private matter, because then you're just enforcing law to benefit people who own stuff.

      And I don't believe you can have a stable society unless you realize you're going to have to pay for its upkeep.

      I believe all categorical statements are wrong, or incomplete (including this one).

      So, believe me when I say this ... my rejection of your position as overly simplistic, naive, and one which you ascribe outcomes I don't believe it can achieve ... that's based on a considered investigation of it, and finding it immensely lacking and unable to achieve what you claim.

      I'm the heretic to your religion of Capitalism and the Holy Free Market. Because I reject it not as a result of government propaganda, but from actually looking at it.

      I think it's bullshit precisely because I used to believe it.

      --
      Lost at C:>. Found at C.
    43. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      "Do I wish that one senior VP wasn't a total douchebag? yes, that'd be great. But if I refused to use the products and services of every company that had a douchebag senior VP in their ranks, I'd probably have to move to Alaska and start learning how to build everything myself." Why the hell are you so ok with douchebags getting into positions of power? Why is anyone ok with this idea? Isn't the fact that this is considered "normal" an extremely obvious sign to you that this situation has gotten out of hand? The fact is that douchebags tend to be attracted to these kinds of positions of power and they tend to have the PR to make you think they aren't that bad.

    44. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      Free market capitalism is not what you have and you cannot base your understanding of what you believe capitalism is on your experience because you haven't experienced it yourself. Being sold into sex slavery under free market capitalism is not in any way different than being sold into sex slavery under communism or fascism or socialism or any other dictatorial system.

    45. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      I don't believe you can create a just society when you leave people to starve in the streets and die of illness.

      - and I am not looking for a 'just' society where the idea of 'justice' is theft and initiation of government violence.

      I don't believe you can create anything other than new lords and serfs through unfettered capitalism, because power accumulates and corrupts.

      - and you are wrong, free market capitalist society is what created the wealthy economies of 19th century that were destroyed in the 20th-21st centuries, however an approximation of free market capitalism also gave birth to a new gigantic wealth generating machine in China.

      I don't believe you can have a utopian society in which everybody has everything they could ever hope for.

      - and I never said people will have absolutely everything they would ever hope to have under free market capitalist society, you still have to earn things you want to possess, however under that system it is much more likely that you will have much more based on the competitive pressures on the market participants, who are after your money not in the dark valleys and government prison industrial complex backed by the government's ability to initiate violence against an individual but they are after your mind and desire, which they are aiming to satisfy with their offerings. A company providing products and services to the market participants is a much more sound business model than a company trying to steal. Providing good products is a way to build a sustainable wealth generating business, stealing money is the path that governments and crooks take (no difference between the two, I actually consider private sector crooks to be much more respectable people than government officials, at least the crooks have to convince you to give them the money, government doesn't, it takes because it has the guns).

      I don't believe you can have a functioning society if the only thing your government does is enforce contracts and property rights for people who have the money to benefit from them -- while saying that everything else is a private matter, because then you're just enforcing law to benefit people who own stuff.

      - the laws have to apply equally to all people, but government initiating force is your idea of 'justice', so there is very little discussion to be had here.

      And I don't believe you can have a stable society unless you realize you're going to have to pay for its upkeep.

      - society upkeeps itself, no collectivist violence is necessary for that in fact collectivist violence doesn't build stable systems that can withstand the test of time, as all subsidies, governments eventually fail at all tasks that you supposedly want them to run.

      I believe all categorical statements are wrong, or incomplete (including this one).

      - that's your prerogative, I state categorically that power corrupts and governments are eventually corrupted absolutely because nothing can stop their grab of power, there is no competition to stop them, there is no legal framework to stop them because they redefine what is legal to prevent any loss of power and to increase the power government holds.

      So, believe me when I say this ... my rejection of your position as overly simplistic, naive, and one which you ascribe outcomes I don't believe it can achieve ... that's based on a considered investigation of it, and finding it immensely lacking and unable to achieve what you claim.

      - actually I am not trying to achieve anything, my position is that there is no need to try to achieve something, government doesn't exist to give us any form of direction and when governments try all we have is violence and bankruptcy. There is no need for government directing the society, society can direct itself just fi

    46. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      There is no problem with a monopoly that is created in a free market economy because such a monopoly actually cannot buy favours from a government because there are no favours to buy because the government is not involved.

      Once a government is involved, favours can certainly be bought, but that's the destruction of the free market and that's what we have here now.

      It is actually wrong for you to think that your approach has 'fewer moving parts', your approach is the exact opposite: your government approach requires a benevolent government that acts in the best interest of the economy regardless of what the populous says and believes it wants and the mob wants free stuff, so the politicians promise it and eventually destroy the economy because the only way to deliver this 'free stuff' is to steal from those who produce through taxes, licenses, regulations and inflation.

      It is the exact opposite of what you believe, free market capitalist economy has 'less moving parts' to have system function because it doesn't mandate that there are any parts at all. Any moving parts in a free market capitalist economy are emerging properties of the economy where people are trying to make their own lives better by satisfying desires of others.

      Of-course there are crooks and there will be crooks always, most people don't operate that way simply because it's actually less safe and more stressful to operate as a crook and it gives less satisfaction of an accomplishment at the end of the day.

      But what would you know about it without actually building a business on your own first from nothing?

    47. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      You misunderstand how libertarians use the word free. To them, freedom means being able to do whatever they want whenever they want in any way they want without any form of responsibility to anyone or anything. In other words they mean anarchy, and they're deluded enough to think they're all Ayn Randian supermen who will rise to the top in such an environment. Holding a rational debate or explaining anything to someone like that is a waste of time, it's like trying to convert the pope to Buddhism.

      Bullshit. Rather than create a straw man to knock down, how about learning something about what libertarians actually think? As an example, you can go to reason.com and read 40+ years of their magazines - every issue, every article. You won't find any of the bullshit you are spewing above, but I suspect you will find something in there you agree with. http://reason.com/covers/all

    48. Re:Capitalism does not reward morality by rockout · · Score: 1

      Sure, anyone can just "cite" a reason. That doesn't mean it's going to work.

      Anyway, I was only addressing the previous poster who made that blanket statement about "When you are playing fast and loose with your customers" - they aren't.

      --
      I've learned that they're worthless, so I don't read AC comments anymore.
    49. Re:Capitalism does not reward morality by rockout · · Score: 1

      Yes, you're right. What do you propose to do about it?

      --
      I've learned that they're worthless, so I don't read AC comments anymore.
    50. Re: Capitalism does not reward morality by aldousd666 · · Score: 1

      It does. If you want repeat business, you have to protect your image, your brand, and provide good service. I think what happened here is someone pissed the guy of and he reacted like a normal human being. Think of the Seinfeld episode where Jerry asked for the telemarketer's home phone number.. That's all this was.

      --
      Speak for yourself.
    51. Re: Capitalism does not reward morality by aldousd666 · · Score: 1

      You're not right, because if you're stealing, you don't get repeat business. Good capitalists seek repeat business. There are lots of companies that are successful because of their relationship with government, like say, Comcast, which have legal territorial monopolies that don't have to give a shit about their reputations that agent really capitalist.. They're mercantilist. This isn't the kind if thing that Uber us, in fact, they're kind of under attack by government assisted territorial monopolies in most markets...

      --
      Speak for yourself.
    52. Re:Capitalism does not reward morality by gstoddart · · Score: 1

      looks like you never had any principles based around individual freedom and non-initiating of violence against people. Without having principles you can move from one position to another based on sophistry, but there is no virtue in this approach.

      Oh, horse shit ... there you go again with the ad hominem attacks and your own brand of sophistry.

      I have very strongly held beliefs against initiating violence ... but I choose not to redefine enforcing the rules of civil society as violence upon your person. You apparently can only win an argument by acting like a smug prick.

      It's the accepting of violence against other people as their fucking problem which made me realize your horseshit beliefs were just that. The moral vacuousness which says "fuck the world, I've got my money" ignores the reality of how you got where you are and what actually keeps you there.

      It's a moral position which is only held by people who have resources, but which is untenable in the face of reality.

      Blah blah blah .. help help, I'm being repressed, come see the violence inherent in the system.

      Whatever.

      --
      Lost at C:>. Found at C.
    53. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      There is no problem with a monopoly that is created in a free market economy

      Damn straight! No problems! Well, other than the problem that it ceases to be a free market once a monopoly (or cartel) exists, thereby ending your little utopia.

      But...yeah, no problems! Well played sir!

    54. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      There you go, believing that you have some form of higher moral authority while denying the simple fact that all of your positions require that violence is initiated against individuals to support your system of governance by creating a system of wealth transfer to buy votes.

      Yes, people are being oppressed in this system and no, there will be no reasonable solution based on rational behaviour of a majority in this situation, the majority wants their free lunch whatever the cost.

      But I am not looking for help from anybody, I build my life in a way that specifically routes around the type of economic and societal damage that you advocate by choosing not to participate in many of these structures, specifically by building a business in a way that mitigates some of this damage. A business can be built that way, it's just more expensive to build it, it requires more energy, more preparation.

    55. Re: Capitalism does not reward morality by Anonymous Coward · · Score: 0

      But being sold into sex slavery is bad, and so any system which does not actively try to hinder this transaction is bad. But any system that does try to hinder it is not free market capitalism.

    56. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      - the care for orphaned children is provided by private charities without any questions. As a child, your entire existence depends on others for some time, and yes, your parents brought you to this world it is their responsibility. If they don't want you plenty of charity orphanages exist around the world and in a free market environment adoption is much easier than what it is today. Plenty of people want to adopt children.

      Ah, yes, a free market in children. Great idea! Why don't you have a seat...

    57. Re:Capitalism does not reward morality by vux984 · · Score: 3, Insightful

      - the care for orphaned children is provided by private charities without any questions.

      So "Me and my friends" don't feel charitible enough this year. So they go under funded.

      You can't simply wave your hands around and stipulate that from somewhere magical charitible unicorns will show up and provide the needy exactly just enough for what they need. Its ridiculous.

      What if the unicorns don't show up? What if they won't give quite enough? What if those who would give don't have quite enough themselves? Any proposal that simply presumes "charity" will be enough is idiotic. Millions starve to death each year in Africa. Others live like Princes. Charity isn't enough. You'll have to do better.

      However without government rules on hiring/firing practices there are no issues for people to find apprenticeship positions.

      No issues?

      Because you never turn anyone down right? You never run into someone you wouldn't hire? If someone shows up willing to work, well you just sign them up and they can start earning so they can eat and pay rent.

      I run a business and I have people that start working here for free just to learn the skills.

      Oh... so you provide them work, but its up to them to what, exactly? Do they need to get a second job that actually pays actual money if they'd like to eat and not live in a ditch while they learn from you? Because presumably if they show up to your place of work dizzy from lack of nourishment and smelling of ditch living you'd probably ask them to leave.

      When I build my systems I create new wealth that never existed before.

      Sure. But you required capital to build that system, and that system is only worth anything if someone else wants it.

      When somebody takes some mud and turns it into a piece of art or into a brick they create some wealth that didn't exist before.

      Ah, well then Africa must be wealthy indeed because they have plenty of mud. Tell me, how much mud art have you purchased from them? And around here? Unless I own property where exactly am I getting the mud from? It doesn't come into existence as an act of will... I'd need to buy it from someone else. This is going to be hard to do as I don't have any money yet. Since I haven't sold any mud bricks yet. Since I don't have any mud. (And again, how big do you think the local market for mud bricks is? After paying for the mud, the capital to turn it into bricks, advertising, and transportation expenses... will I be eating? Or will I be sitting on a stack of mud bricks, tired, hungry, and in debt to someone for a truckload of mud?

      When a person writes a book or a new sheet of music he creates wealth that didn't exist before and nobody gave it to them, it didn't exist, it was created out of nothing just because people wanted / needed to create it.

      Funny that most writers, painters, and musicians make next to nothing from their art and work other jobs. Seems like the magic of creating wealth by sheer creative will is overrated. I can create all the music I can, but without demand for my vast creative outputs I don't end up any wealthier for it.

      You see, one cannot simply "create wealth". One can create, but its not wealth unless there is actually a market for it. And there is not much a person can do in the modern world, starting with nothing, that has any market value. You can't simply start "creating" and then start cashing cheques. Life doesn't actually work that way.

    58. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      John should throw is support behind George, the soldier, and overthrow Bob. John gets to be George's coconut cracking slave instead of BOTH George's and Bob's. George gets to be king and Bob gets what the natural law suggests should happen to dicks.

    59. Re:Capitalism does not reward morality by cold+fjord · · Score: 1

      Your entire argument hinges on that premise being true. Its not true. The rest of your argument falls with it.

      Suppose I and my friends have all the money, all the property, and all the food, and you don't have any of it. What exactly are you free to do? ....

      Yes, that sounds like a good system upon which to found civilization.

      Who knew that an extraordinarily contrived strawman masquerading as a stand-in for a free enterprise economy might not be desirable as a living arrangement?

      What's particularly sad is that some consider it "insightful," and probably some sort of indictment of real free enterprise economies.

      --
      much of left-wing thought is a kind of playing with fire by people who don't even know that fire is hot - George Orwell
    60. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      So "Me and my friends" don't feel charitible enough this year. So they go under funded.

      - your suggestion is to steal and to use violence to take from those who have wealth to subsidise those who do not and you do not see a problem with that? You and your friends are not the only game in town, under what scenario have people actually left children to starve? What people are we talking about and in case where there isn't enough food for people that they would leave children to starve, what government could do anything about any of it?

      You can't simply wave your hands around and stipulate that from somewhere magical charitible unicorns will show up and provide the needy exactly just enough for what they need. Its ridiculous.

      - what is ridiculous is to expect that you can steal your way into prosperity.

      It's not unicorns that are charitable, there no unicorns, it's people that are not stolen from. In any case, you are again talking about complete edge cases, cases where a child is born into nothingness apparently, no parents, no siblings, no grandparents, no uncles or ants to take care of them. What are they born somewhere in the woods? Well, no amount of government will help them there. Children that born in hospitals are not thrown out into the dirt, there are actual charitable organisations that make money (yes they make, evil profits) by collecting money for such cases and they can manage their collections much better than any government and in a free market capitalist environment charitable organizations are also competing with each other for dollars, so they have to be transparent and efficient otherwise they may lose to their competition. Governments do not have to be anything, transparency, efficiency, those are against government mode of operation, because it works against the main goal of government: accretion of power. You don't accrue power by reducing itself by finding efficiencies and reducing costs, you accrue power by increasing your army and in case of bureaucrats their staff members are their army and the more of those a government office has, the more powerful it is, the more it can steal from people via taxes and inflation. Governments do not solve problems, it is against their mode of operation, governments increase problems because solving a problem means that there is no more need for that agency or at least not for an agency of that size. In free market capitalist economy a company that no longer provides a marketable product has to change or disappear, government does not do such a thing, it uses its power to make the problem bigger and deeper, not solve it. A solved problem is against government principle of increasing its own power.

      Because you never turn anyone down right? You never run into someone you wouldn't hire? If someone shows up willing to work, well you just sign them up and they can start earning so they can eat and pay rent.

      - free markets discover prices that allow them to clear. Obviously you don't understand it.

      Oh... so you provide them work, but its up to them to what, exactly? Do they need to get a second job that actually pays actual money if they'd like to eat and not live in a ditch while they learn from you? Because presumably if they show up to your place of work dizzy from lack of nourishment and smelling of ditch living you'd probably ask them to leave.

      - a person without skills is of 0 use to me.

      A person with skills is worth money.

      A person without skills has these options: go make some money and go study somewhere and pay for that privilege or go on welfare apparently or find a position that could be used to start their career.

      Making money to give it away to a college is dumb unless you are talking about a doctor maybe (even then I would argue you can learn on your own and by working for doctors for free for some time). At least in an apprenticeship position you don't have to

    61. Re:Capitalism does not reward morality by mvdwege · · Score: 1

      My 'beloved' free market created the USA economy of 19th century

      Wait, that economy that was based upon forcibly (as in, using Armed Forces) taking land from the natives and the government redistributing it to settlers in the form of land grants? That 19th century USA economy?

      Or do you mean the other one, built on trade in goods farmed by slaves?

      --
      "I know I will be modded down for this": where's the option '-1, Asking for it'?
    62. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      I am obviously talking about the free market capitalism, which excludes the slavery, I am talking about free trade and the industrial revolution. In USA the industrial revolution happened in the North, so you may want to refresh your history books, factories weren't built or operated by slaves. Sure, people were poor, but that's the normal state of affairs where farmers were offered jobs in factories, they had no experience or knowledge, so their market value to the production lines was low, but it increased with time, as capital was accrued and experience was built up. It was the industrial revolution that showed that slavery was not an efficient way to run a business, free people work better, have real incentives to do a better job because it means better pay. Industrial revolution within the free market capitalist economy settings built the economy that USA became (and that it destroyed), not slavery. Slavery barely registered on the wealth generation. As an example Standard Oil production was done with only free people working for a wage, not slaves.

    63. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      I think the cornerstone of liberty is definitely related to watering some trees with the blood of tyrants.

      You'd probably, were you in this insane and implausible situation, quickly find out what that meant were you to not take them up on paying them for labour. After your and your idiotic friends untimely demise, the rest of the normal living and hard working humans would go back to individual freedom and capitalism. A refresher course in exactly what that means is definitely on the tracks with poor and short sighted thinking as exists in your post.

      Keep it up..

    64. Re:Capitalism does not reward morality by khallow · · Score: 1

      Suppose I and my friends have all the money, all the property, and all the food, and you don't have any of it. What exactly are you free to do?/quote> In the real world, I do have something you or your friends value - my labor.

      Second, if you and your friends have all that power and no interest in helping me, then who will impose on your freedom for me? If society universally decides not to support me, then I don't get that support. Any imposition on society to help me comes because someone wants to help me. In that case, they could just help me directly and cut out the very expensive middle man.

    65. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      This is a BS argument for the simple reason that you take things in isolation.

    66. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      Capitalism (private ownership and operation of property) in a free market system (system free of government intervention) has proven to be the best system for generating profits while improving the overall economy for all people involved.

      Not true. The biggest improvements to the overall economy and wellbeing happened in 1945-1970s, a period of strictly regulated social-democratic capitalism in the western countries.

    67. Re:Capitalism does not reward morality by wertigon · · Score: 1

      You seem to not have your facts straight. First off you are describing anarchy, and while anarchy is a nice thought anarchy can never exist naturally, it's fleeting state exists in the same way as alkali metals exists in nature. As part of a greater whole.

      Secondly, your definition of anarchy is completely wrong. Allow me to fix it for you. "To them, freedom means being able to do whatever they want whenever they want in any way they want as long as it doesn't limit the freedoms of others."

      --
      systemd is not an init system. It's a GNU replacement.
    68. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      My 'beloved' free market created the USA economy of 19th century that the socialist/fascist policies of 20th and the 21st century have successfully destroyed.

      No. The USA economy of the 19th century was in fact created by unrestricted access to the gigantic natural resources of the continent, stolen from the native inhabitants. You need resources to create, and when you get a "free" continent full of them, it gets pretty easy.

    69. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      As an example Standard Oil production was done with only free people working for a wage, not slaves.

      You mean the oil produced from the land stolen from the natives? An unimaginable abundance of resources was what created the US economy, not capitalism, and all of those resources were in fact stolen from the previous inhabitants.

    70. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      "You are building a strange enough hypothetical situation, which falls apart once you realise that in a free market capitalist economy you could not arrive at that destination."

      Any ideology whose only solution to challenging situations is "but that would never happen because" is horseshit.

      Hi there! Let me enumerate several of your fallacies for you:
      1. You are attempting to affirm a strawman argument. Let's do proof by contradiction: if it's allowed to construct a self-contradictory fantasy and use it as an argument against another's position, then all debate for anything is pointless because it trivially devolves to a competition of who can imagine the most farcical parody and use that as "proof".

      2. You claim that directly addressing a strawman argument is the "only solution" for the ideology, or it must be horseshit. This is a false dichotomy. Allow me to demonstrate: libertarianism must be the only rational perspective to have, because detractors can only argue against it using logical fallacies and fantasy scenarios.

      Do you want to try again?

    71. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      There is no problem with a monopoly that is created in a free market economy because such a monopoly actually cannot buy favours from a government because there are no favours to buy because the government is not involved.

      Yes, like the Kings of old who owned everything in their domain. You prefer that system? Perhaps you assume you will be the king? Odds are long on that.

    72. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      the majority wants their free lunch whatever the cost -- No, they don't. Most people just want the same thing you do: to be able to keep the fruits of their labor. The problem is, most of the fruit of their labor goes to their employers, because they have the advantage in negotiation. ("As they should," you'll probably say.)

    73. Re:Capitalism does not reward morality by ultranova · · Score: 1

      Anything that reduces individual freedoms is less moral than anything that increases individual freedoms. Anything that reduces private property rights and self determination through these rights is less moral than than anything that increases private property rights and self determination.

      The problem is, excessive focus on private property rights leads to wealth concentration which decreases self determination - and thus effective individual freedom - for most participants. Or possibly for all, since even the wealthy have their potential choices limited to those which acquire them more, or at the very least maintain what they alrady have.

      This process led to the excesses that gave birth to both socialism and fascism during the Industrial Revolution. Any capitalistic system that fails to adress it is going to give birth to similar movements. And those which manage to suppress them yet fail to learn their lesson will collapse due to insufficient share of wealth going to the lower classes that they could continue participating in the economy even if they wanted to, which is currently happening.

      AFAIC the profit motive is the most moral way to run a society because it is the most moral way to run an economy without stealing and without using collective violence against an individual.

      Claims of ownership are backed by threats of violence, either private or collective. Property does not exist in a society that has truly forsworn violence.

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    74. Re:Capitalism does not reward morality by ultranova · · Score: 1

      In a free market capitalist economy markets discover prices that allow markets to clear, that means the prices adjust accordingly to the supply and demand for all things, including all types of labour and capital and land and other assets and resources.

      This is the problem, actually. Historically and currently the supply of labour is greater than demand, thus the prices adjust to very low levels. This is bad for the people who get paid barely enough to eat (and not necessarily even that), and it's bad for the companies, since it means most people can't afford their products. So those companies downsize, which lowers demand even more (since there's now more unemployed people), which gives the companies need to downsize more, and so forth. The end result is a complete collapse of production systems out of lack of demand while people starve.

      Basically, you're taking a pre-industrial economic model that assumes skill is all the capital you need, and apply it to post-industrial world where you can do nothing without lots and lots of money. Adam Smith assumed everyone who wants to can always find a productive job, shoveling horseshit if nothing else, but that hasn't been true for a while now. Capitalism is a system of optimally allocating labour; it can't handle a world where labour is no longer the limiting factor for production.

      It is unacceptable to declare some form of moral authority based on theft and initiation of violent force.

      All forms of ownership are based on willingness to initiate force against anyone who ignores your claims of ownership. All such claims originate from someone simply claiming something as theirs. That they've often passed through many hands over many generations doesn't change this fact. And that means that declaring some claims as valid and others as theft is simply a matter of convention; all claims of ownership are ultimately stealing from public domain. So stop treating them as some kind of revealed holy order and see them as they are: a convenience similar to, say, city limits, which absolutely can be adjusted without there being anything immoral about this (altough such adjustments need to happen in an even, fair and legal manner, obviously).

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    75. Re:Capitalism does not reward morality by Wootery · · Score: 1

      You're a troll, but anyway:

      Of course, there will always be murders and rapes, but economic system and societal decisions, make a huge difference on the frequency of murders and rapes. Compare the murder rates of different countries with comparable economic strength.

    76. Re:Capitalism does not reward morality by SourceFrog · · Score: 1

      The taxi industry is an example of a capitalist economy? Lolz. They're the very epitome of corporatist protectionism.

      --
      My other UID is three digits.
    77. Re:Capitalism does not reward morality by mvdwege · · Score: 1

      You specified the 19th century US economy as ideal. Since westward expansion was a large driver of that, you don't get to shift the goalposts: your ideal economy was built on force of arms.

      Of course you try to shift the attention to my slavery quip, because that draws attention away from the real meat.

      --
      "I know I will be modded down for this": where's the option '-1, Asking for it'?
    78. Re:Capitalism does not reward morality by Jahta · · Score: 1

      Capitalism (private ownership and operation of property) in a free market system (system free of government intervention) has proven to be the best system for generating profits while improving the overall economy for all people involved. People tossed out the free market and they are trying really hard to toss out capitalism as well, they saw all the wealth generated in a free market capitalist system and believe that that wealth is gained somehow immorally, however I argue that making profits in a capitalist free market system is the most moral way to run an economy.

      Except that isn't the case at all. As eloquently demonstrated by Ha-Joon Chang (economics professor at Cambridge University), the "free market" is a myth. Every market has its rules, it just depends which set you are playing by.

      There is ample evidence that the rule set favoured by "free market" proponents enriches a small minority at the expense of everybody else. That doesn't make for a healthy (or moral) society.

    79. Re:Capitalism does not reward morality by Evtim · · Score: 1

      One of the first statements [to the MT] I did as a chairman of the workers council of my company was:

      You ask for socialism and cooperation on the work-floor and capitalism on the top floor. So, maintaining good and humane relationships between the employees makes more productive work force, generating wealth which is then distributed in a capitalist fashion [ratio benefits and rewards MT:work floor = 70:1].

      In other words: privatize the profit, socialize the loss. That's what every corporation does....what hypocrites...

    80. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      In the real world, I do have something you or your friends value - my labor.

      You having value doesn't mean he or his friends want to trade with you for your value. You can't impose on their freedoms and force them to hire you.

      Besides, one scenario GP mentioned is the orphaned infant. How much labor can they offer? You can't rely on their future labor, since infants can't exactly consent to accepting your aid in exchange for future labor.

      Second, if you and your friends have all that power and no interest in helping me, then who will impose on your freedom for me?

      I think that's the point. The GGP's claim was that capitalism in a free market system is the most moral way to run an economy. In the scenario GP presented, they have capitalism in a free market system, yet it is not the most moral society, as we have people like you (orphaned infants) getting screwed.

      And as mentioned above, infants can't consent to your aid. Even if somebody does decide to care for the infant, they have to infringe on the infant's freedom to do it. They had to make decisions for the infant. Even if it's in the infant's interest to have somebody make decisions for her, her freedom was still infringed.

    81. Re:Capitalism does not reward morality by Evtim · · Score: 1

      Indeed!

      Free market basic principle of supply and demand applied to humans --> result is human life and labor are the cheapest commodity on the planet. Period. After this realization the system is exposed as inhuman, therefore unable to ensure the survival of the species.

      Some will say that life is expensive. It costs a lot of money because we artificially increased the price by imposing penalties to those who waste human life [like being killed on the job because the company cut corners on safety]. I repeat: artificially!!! The system then tries everything [by basically buying the authorities] to avoid this imposed restrictions to the free market.

      Why do we have to play whack a mole with all the rich and powerful rather than just scrape the system and replace it with something that actually works while ensuring long term survival and progress?

    82. Re:Capitalism does not reward morality by AuMatar · · Score: 1

      Sorry, your definition of anarchy is wrong. Anarchy is lack of a government. There's nothing in it preventing others from limiting your freedoms in it. In fact that would be the 100% goal of most of the population in an anarchy- to amass power over others and use it.

      --
      I still have more fans than freaks. WTF is wrong with you people?
    83. Re:Capitalism does not reward morality by AuMatar · · Score: 2

      I've read many issues. 100% of it agrees with what I said above. They believe they have no duties or responsibilities to their fellow man or society, and they redefine the terms "freedom" and "rights" to be a tautology of what they believe in. From a logical standpoint they have no ground to stand on. From a moral viewpoint they are the most vile philosophy on the face of the earth, the entire point is to allow themselves to feel morally superior for throwing away all sense of empathy and care. And that's the kindest way I can think of to describe it.

      --
      I still have more fans than freaks. WTF is wrong with you people?
    84. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      Property IS theft

      "You can't, like, 'own' property, man!"
      "Yes, I can, but that's because I'm not a penniless hippie like you!"

    85. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      And yet, my body is not mine. It's been mutilated. I am unable to have children. 1 out of every 500 men realize the true horror that their bodies are not their own when circumcision goes wrong.

      The rest of you fucks apparently are just fine. I don't matter. I'm not an individual. My body is not mine. I'm just a statistic.

      Captcha: hostages

    86. Re:Capitalism does not reward morality by Stolpskott · · Score: 1

      Suppose I and my friends have all the money, all the property, and all the food, and you don't have any of it. What exactly are you free to do?

      That is closer to communism than capitalism, with individual owners replacing the overall State as the owner of All Things.
      However, if we assume that you are operating in a capitalist environment, then "you and your friends" would have to agree on policies about the control of, and access to, the resources you own.
      If "you and your friends" happens to be you and a couple of friends, it is not too hard, because then you should be able to find sufficient common ground to reach unanimous agreement - specifically in a "yes/no" vote you at most need to persuade 1 person to change their vote in order to achieve unanimity. But how do 3 people get to own absolutely everything in the first place?
      If "you and your friends" is, let's say, you and your Facebook friends, and for argument's sake let's assume you have 200 Facebook friends, then it is practically impossible for you to reach a unanimous agreement about anything unless you have a system where the majority form blocs and vote as proxies for a smaller number of individuals (in which case you simplify the model so that "you and your friends" becomes you plus those proxy representatives).

      Plus, how does the "owner" of a given resource maintain ownership of said resource? A real-world example, albeit not within recent living memory, is France in the 1780's under King Louis XVI. The nobility and the clergy (less than 0.1% of the population) owned 99.9% of the land, resources and wealth. Certain elements in the 99.9% then decided that they had better ideas, and started using Madame Guillotine to separate the Nobility's heads from their necks. Co-incidentally, the quality of life for the vast majority in France improved very little if at all, and in many cases all that happened was that new despots arose from the bloody masses to fill the void left by the Nobility.

      In general terms, if all of the resources are owned and controlled by a very small minority, then there will at some point be a forceful redistribution of resources led by elements of the downtrodden majority. In order to prevent that happening, the small minority need a force multiplier - namely either an army or justice system to keep the majority in line, or a way to keep the majority pacified and content. As the army is usually drawn from the majority, it would not be a wise idea to expect them to uniformly enforce order over a rebelling majority (some would, but some would join the rebellion, reducing or nullifying the effectiveness of the army for keeping order).
      The end result is that the most useful tool for keeping the majority in line is to use the collective inertia of a large group and the inherent laziness of the vast majority of individuals in a large group against the majority, giving them just enough of whatever they need to keep them satisfied and passive. If you deny them access to everything and therefore threaten their individual and collective survival, you will find that the majority can come up with a surprisingly inventive list of things to do with the bloody corpses of those in power.

    87. Re:Capitalism does not reward morality by Forgefather · · Score: 1

      I don't care about douche bags in power because I don't believe someone should be punished for being an asshole. If that douche bag takes a specific action that damages other innocent people then they should be punished for that action, not because you find them to be offensive or abrasive people. This is the concept behind free speech.

      If the VP of Uber was actually engaging in smear campaigns by spying on journalists then he should be punished for that, but if he said that they deserve to be smeared then he has not done anything that has caused harm despite how offensive we may find that statement.

      --
      "There are lies, there are damn lies, and there are statistics"
    88. Re:Capitalism does not reward morality by AqD · · Score: 1

      Wall Street guys don't need to steal. They convince you to pay them big bucks because you dream of earning profit through unrealistic and ridiculous ways. They merely take advantage of your greed and stupidity, because you're greedy and stupid.

    89. Re:Capitalism does not reward morality by pnutjam · · Score: 1

      bullshit, The scenario where everything is owned happens every day to plenty of people.

    90. Re:Capitalism does not reward morality by pnutjam · · Score: 1

      Your approach is madness. Charity orphanages would be perfect for oil field workers. We gave you 18 years, you give us 18 years, sounds fair, but it's slavery.

      Also, how many jobs in todays economy go to someone who knows someone, that's the way of the world and it only gets worse and quickly spirals into fuedalism in your scenario.

    91. Re:Capitalism does not reward morality by deadweight · · Score: 1

      I think you are describing exactly the situation that led my forebears to leave England for the colonies that would become the USA. In the 17th century in England you got what the landed gentry allowed you to get. Sure there were some middle class merchants and such, but to a large extant the way up was owned by the aristrocrats and they weren't sharing it out.

    92. Re:Capitalism does not reward morality by deadweight · · Score: 1

      Libertarians *sort of* want laws and government. What they don't want is enough government to actually have a chance in hell of enforcing said laws. I think their idea of heaven would be like a 19th century territory where the US Marshall might come around a few time a year, but otherwise if you had the guns and the guts you could just go do what you wanted to and shoot anyone that didn't like it and didn't have enough hired guns to hurt you.

    93. Re:Capitalism does not reward morality by Kielistic · · Score: 1

      it ceases to be a free market once a monopoly (or cartel) exists

      Incorrect. A monopoly can exist through lack of competition or lack of adequate competition. The free market still exists for others to compete however.

      Once an "entity" has that kind of monopoly power they will usually use their market force to perpetuate that power. The hypothetical in all of this is whether or not they could maintain that power in a free market if they really didn't deserve it.

    94. Re:Capitalism does not reward morality by pnutjam · · Score: 1

      When you say "edge case" you really show your true background. It must be nice to have been born into affluence. Are you that 27 year old millionaire that was on Yahoo finance?

      The real problem with capitalism, is that it values capital more then labor, much more. That's what screws people in our system. You are stealing a little time and labor from alot of people to build the capital, and there is nothing they can do about it because capital has the power.

      As one of the people, I prefer people have the power, not capital.

    95. Re:Capitalism does not reward morality by ISaidThat · · Score: 1

      "however an approximation of free market capitalism also gave birth to a new gigantic wealth generating machine in China."

      Governments counterbalance the negative effects of "approximations of free market capitalism". Those approximations led to the deaths of infants from Melamine-laced milk, and the collapse/fires in factories in Bangladesh. Yes, building codes requiring safe buildings, and product safety laws force costs down unwilling throats screaming for less government interference and more free market. But there is no intrinsic force in "free market capitalism" that would _prevent_ such abuses. (If there were, those abuses would not happen, rather ther is plenty of evidence to the contrary.)

    96. Re:Capitalism does not reward morality by pnutjam · · Score: 1

      Much of the economic wealth of the US in the 19th century came from the natural resources that were not yet exploited and the ability to exploit them and people without too many repercussions. As stated above, your a fool.
      Read a little about the lumber wealth of the new world for some insight into this topic.

    97. Re:Capitalism does not reward morality by pnutjam · · Score: 1

      A libertarian system requires contract law, who is enforcing those contracts? Their violence argument is also risible. Am I forced to keep my dick in my pants at the mall by threat of violence? It's the same argument. If I want to rub one while I watch a gaggle of teenage girls, who is it hurting? I'll keep my distance. (just taking this logic to it's extreme)

    98. Re:Capitalism does not reward morality by pnutjam · · Score: 1

      Amoral money grabbing psychopaths who know how to do PR and convince the gullible to support their financial gain with the slim hope of a better deal in the future.

    99. Re:Capitalism does not reward morality by khallow · · Score: 1

      You having value doesn't mean he or his friends want to trade with you for your value.

      The problem with this argument is that your assertion doesn't happen in practice.

      Besides, one scenario GP mentioned is the orphaned infant. How much labor can they offer?

      Quite a bit over their lifetime.

      And as mentioned above, infants can't consent to your aid. Even if somebody does decide to care for the infant, they have to infringe on the infant's freedom to do it. They had to make decisions for the infant. Even if it's in the infant's interest to have somebody make decisions for her, her freedom was still infringed.

      If they can't consent or act on their own interests, then they don't have present freedom to infringe upon. Since they can be expected in the future to become human adults, able to act on their interests, then our present actions can infringe on their future freedom.

      I think that's the point. The GGP's claim was that capitalism in a free market system is the most moral way to run an economy. In the scenario GP presented, they have capitalism in a free market system, yet it is not the most moral society, as we have people like you (orphaned infants) getting screwed.

      No, that poster merely showed the potential for immoral action, ie, that the free market system might not, under very contrived circumstances be perfectly morally. Instead, to prove the above assertion, one needs to come up with an approach that works better than the free market in the moral sense of the original poster.

      I think we can think of better examples than that. After all, the structure of almost all markets in the first place assumes the presence of immoral behavior in the participants of that market. And externalities are by definition the ways trades in markets can impose on others without their consent. Finally, what isn't traded on a market tends to be invisible to that market (unless there is an obvious proxy). As they say, money can't buy happiness.

    100. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      I was born in the USSR and worked my way out of poverty in the last couple of decades. Edge cases are exactly that: a low percentage of people that fall behind regardless what. The entire population shouldn't be punished unfairly by having policy that is aimed to steal to provide something for those edge cases.

      As to your last statement: you are against people having power if you are against the freedom of an individual from the oppression of the collective. If you stand on the side of a government being able to initiate violence against an individual to steal from the individual, to enslave him, then you are not for people having power, you are for a system that breeds powerless slaves.

    101. Re:Capitalism does not reward morality by vux984 · · Score: 3, Insightful

      - your suggestion is to steal and to use violence to take from those who have wealth

      Look at history.

      My observation is that they'll steal and use violence to take from those who have wealth REGARDLESS once things reach the tipping point.

      Revolution and war is the end result of your 'utopia'; one huge, destructive, and genuinely violent massive redistribution of wealth. (real violence where people actually die at the hands of others, lose limbs, and bleed to death, not the pseudo "violence" of "taxes" collected by an elected government.)

      A person with skills is worth money.

      Not every person has marketable skills. You need a solution that actually solves problems. All your doing is asserting that some people will be just fine. That's not good enough. What about the other people?

      A person without skills has these options: go make some money and go study somewhere and pay for that privilege or go on welfare apparently or find a position that could be used to start their career.

      How are those options? How do they "make money"? If they had skills with value they would already be working. They don't.

      How do they eat and shelter while they "go study somewhere"?

      or go on welfare apparently

      Something that does not exist in your ideal world. So I guess not that.

      or find a position that could be used to start their career.

      That's merely repeating that should "make money". Good plan. If you don't have money. Just make some. Easy.

      That's the beauty of free market capitalism, I had to save the capital from previous production and under-consumption

      That's the flaw of free market capitalism. That the only way to move forward is to HAVE capital saved from previous production and under-consumption. But since you start with NOTHING you have no way forward unless you START by having someone give you something. But you refuse to make a guarantee that people will have that absolutely necessary start. (And if they screw up and lose what they start with, they need another start, etc.) Theres no way around that.

      houses are built from bricks, maybe you didn't realise it, but mud can be used to make bricks and then those bricks can be used to build houses and to build stoves that then can be used to produce better bricks.It's amazing what a little world education does for a person.

      They don't have that education. They aren't clever or educated enough to see their way out of the hole they are in. Perhaps you would be in their situation... perhaps not. But this isn't about you, its about them. They don't have that education, or the cleverness to find a niche. So you and I have two choices:

      a) wait for revolution

      b) provide them assistance and support; education and training. We can lift them out the hole.

      There is plenty that a person can do in the modern world starting from nothing with nothing

      Utter bullshit.

      a person can work for others when he has nothing of his own,

      Nobody would hire a person who has nothing. You wouldn't. Why should anyone else?

      that's how we all start in life - with no skills and with no assets (most of us) and it takes time and we acquire skills and assets (most of us).

      I may have started with nothing. But I had around 20 years of food and shelter just GIVEN to me. I was provided an education for free. I was GIVEN clothes. I was given the means to transport myself.

      I was free to develop skills, because all my needs were covered. I could afford to work and gain experience in jobs that paid too poorly to actually live on because all my base needs were covered. So I used that income to buy a car and go to university. Had I actually had to support myself neither would have been an option.

      Eventually I graduated, and had jobs with incomes exceeding the poverty level, and I could move out and start supporting myself, and eventually starting my own business, and living the the capi

    102. Re:Capitalism does not reward morality by Anonymous Coward · · Score: 0

      I've read many issues. 100% of it agrees with what I said above. They believe they have no duties or responsibilities to their fellow man or society, and they redefine the terms "freedom" and "rights" to be a tautology of what they believe in. From a logical standpoint they have no ground to stand on. From a moral viewpoint they are the most vile philosophy on the face of the earth, the entire point is to allow themselves to feel morally superior for throwing away all sense of empathy and care. And that's the kindest way I can think of to describe it.

      ha ha sure you read "many issues". Sad how so many people turn their politics into religion and just try to demonize everyone around them who questions anything. If, or example, you say you are not opposed to gay marriage, there is always someone who will start screaming "To them, freedom means being able to do whatever they want whenever they want in any way they want without any form of responsibility to anyone or anything"

      For those who are interested, here are some basic positions of most libertarians: oppose militarization of police, opposed the draft, opposed the war in Iraq, oppose the TSA, for gay marriage, oppose govern mandates that just enrich a special interest ( tariffs to aid a local producer, granting monopolies, etc) , for decriminalizing drug use, for decriminalizing prostitution, for increased immigration etc. In terms of economics, Milton Friedman considered himself a libertarian and most libertarians would probably agree with many of his ideas on government economic policies. (There are other nobel prize economists who would also consider themselves libertarian, but he has probably written the most for the general public such as "Capitalism and Freedom". Though if anyone is interested in economics, they should take at least a couple of introductory classes in it as the field encompasses a lot.)

    103. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      There is no need for any centralised government to enforce contracts, a system of private competing courts and private competing security forces does that just fine. As to you 'rubbing one while watching teenage girls if you keep your distance' - where is the problem? You are correct, it is not hurting anybody. If you are doing it in a way that everybody has to observe you do it, then there may be a problem with the rules set up within the private property boundaries you are in (and no, there shouldn't be any 'public property', all property has to be private, even if it means that property is owned by a corporation that runs the city for example, and yes, most if not all cities are corporations).

    104. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      No, slavery is your main point. As to 'westward expansion' - what is the problem again? People with guns killed off people without guns as to be expected. The market rewarded those who had higher levels of technology and who utilised the resources more efficiently to provide more people with more goods than the native population ever could.

    105. Re: Capitalism does not reward morality by Anonymous Coward · · Score: 0

      I look forward to Uber Health !, where anyone with a table and knives can be a surgeon!

    106. Re: Capitalism does not reward morality by Anonymous Coward · · Score: 0

      It comes down to integrity in business not morality. You either have integrity in you business dealings or not.

    107. Re:Capitalism does not reward morality by macs4all · · Score: 1

      Morality is for the working class. If you want to succeed in a capitalist economy, it's better to be amoral.

      Reminds me of a Book that has been around since the late 1970s (and still available on Amazon, I believe) :

      "Why S.O.B.s Succeed And Nice Guys Fail In a Small Business"

      No truer words were ever penned.

      In fact, when writing physical checks to pay bills was the norm, and based on some ideas from that book, I would regularly fill-in pieces of the MICR OCR field-delimiters at the bottoms of my personal checks to delay their processing by the Federal Reserve Clearinghouse, I know it worked, because I would receive those checks back "re-striped" with new (no doubt manually-generated) OCR strips stuck on the bottoms of the check. It was usually good for a 3 to 5 business-day delay "float", while (I assume) the check got kicked-out of the automatic scanner, and routed to the "manual processing" pile. And, since my account wasn't debited until the check "cleared" this process, I avoided a non-sufficient-funds "bounce" fee, and the payor thought that I had paid "on time" (which I technically had).

      I kept waiting to get a nasty letter from my bank or the Fed saying "quit it, or you're going to jail!", but I never did.

    108. Re:Capitalism does not reward morality by david_thornley · · Score: 2

      under what scenario have people actually left children to starve?

      Are you saying that no child in the world is starving? Or ever has been starving in a capitalist society that wasn't currently in a famine? The human race produces plenty enough food to feed everybody, after all. I think you need to actually look at the world around you and see if it matches what your ideology predicts.

      You do know why Ireland was a food exporter during the potato famine, right? Private property and no government safety net: with the potato blight going on the poor didn't have enough land to grow enough food to survive, and the rich who owned plenty of land didn't care.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    109. Re:Capitalism does not reward morality by david_thornley · · Score: 1

      Are you aware of how the 19th Century economy worked so well for the US? Truly massive government land grants, said land having been taken by force from the previous owners. Railroad companies got amazing amounts of land for running lines through the country, and for much of the period any man who could get West could get forty acres just on the basis of a promise to live on it.

      This not only allowed expanding production, it was a safety valve. If a man was badly treated by the economy in the developed parts of the country, he could go get a plot of land stolen by the Government from the people who used to have it and make some sort of living there.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    110. Re:Capitalism does not reward morality by david_thornley · · Score: 1

      Which part of what Machiavelli wrote (presumably from "The Prince" or "The Discourses")? In "The Prince", he extolled the idea of looking moral without being moral. He also recommended imposing hardships all at once and relaxing them slowly over time, but that applied when you were in a position to impose.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    111. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      So you helped somebody when they were down, you provided charity. Most people are not born into a vast empty space, they have a family or somebody taking care of them until they are of such age that they can take care of themselves. Parents / relatives / charity / adopted parents.

      Again, using edge case scenarios to create policy that destroys freedoms of individuals is setting the society on the path to destruction, to welfare, to fiat currency, to government largess and government pyramid schemes, which are unsustainable by definition. In the long run you end up hurting everybody while pretending that you are moral by using government initiation of violence against individuals and destroying individual freedoms, destroying free market capitalism.

      The solutions for edge case scenarios do not need to be provided, they emerge and if they do not it is too bad for a very tiny number of people. Your ideas lead to destruction for vast majority of people and thus they are immoral and dangerous but the mob cannot see beyond its nose, so it loves them.

    112. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      You are not talking about a free market capitalist economy, you are talking about a monarchy with the aristocrats ruling not based on their utility to the market (profit motive, the most moral way to run an economy) but on their ability to put together enough military to subjugate the population.

    113. Re:Capitalism does not reward morality by deadweight · · Score: 1

      Like we all said, you want anarchy. If I sell you a car and refuse to hand it over, you will call the police and they will eventually use violence if I refuse to give you a car or your money back. There is *no such thing* as government or law if no one is willing to enforce it. So...you all spank yourselves silly imagining your alternative-universe libertarian self being rich and powerful and taking on all comers.

    114. Re:Capitalism does not reward morality by vux984 · · Score: 2

      So you helped somebody when they were down, you provided charity

      Yes. I did exactly that. I didn't have to though. And had I chosen not to, I've no idea how far they might have fallen.

      And that is the fundamental issue. Society cannot *rely* on me to be charitable as a fundamental underpinning. Those people NEED that support, so the society should have mechanisms to provide it built in that do not amount to "Gee golly I sure hope *somebody* steps up and does what needs doing." THAT is precisely why communism fails.

      Most people are not born into a vast empty space, they have a family or somebody taking care of them until they are of such age that they can take care of themselves. Parents / relatives / charity / adopted parents.

      You are stating the obvious. That is the ONLY reason the system is working as well as it is right now. But those necessary support mechanisms are not PART of the system.

      I argue that those support systems are clearly a necessary and fundamental part of the system and should therefore be integrated into the system so that it can be relied upon.

      Charity isn't sufficient. It isn't reliable. It isn't there for everyone equally. It fails people all the time. Whereas my friend landed on my couch, there are thousands of people who didn't land on anyones couch. You'll need to do better than "well if someone needs support, he can hope someone has a couch he can land on" because not everyone will land on a couch if you just handwave around the problem and bleat that surely somebody will volunteer their couch, because no... someone doesn't always.

      In the long run you end up hurting everybody while pretending that you are moral by using government initiation of violence against individuals and destroying individual freedoms, destroying free market capitalism.

      You have no evidence for this. The best places to live in the world are currently strong socialisms with a regulated free market. There are plenty of problems with them to be sure. But they are better than anything else around. Pure unregulated capitalism? Somalia? Comes close. 18th century western countries with debtors prisons & work houses (effectively slaves, indentured servitude, serfs, and then there were actual slaves too) and so forth -- these were not better places nor better times. Certainly not better more moral societies.

      Punishing someone for financial failure with slavery (effective or outright) is not moral.

      You ramble on an on and on about how taxation etc is immoral. And in a way I even agree that it is. But it is not the only moral question facing a society, and compromise between multiple moral imperatives is required. Reasonable levels of taxation is a better solution than anything else being practiced right now. I'm happy to entertain alternatives, but you have none. You only demand that taxation be ended and that charity will cover it.

      But we know it won't. History has shown it doesn't. It didn't keep people out of the debtors prisons and workhouses 200 years ago. And its not going serve society any better today. So what else have you got?

    115. Re:Capitalism does not reward morality by vux984 · · Score: 1

      Who knew that an extraordinarily contrived strawman masquerading as a stand-in for a free enterprise economy might not be desirable as a living arrangement?

      "me and my friends have all the money" is precisely the default state.
      When you are born, everything in your world was owned by someone else: aka "me and my friends".

      You arrive naked and with nothing.

      And everything from that point forward is you living on the charity and sufference of others (your parents, etc).

      Most of us use that time and support to develop into self supporting individuals. That support is necessary, and fortunately most of us do have it.

      But it is not part of the system, and its not there for everyone. We can't rely on it. Some people don't have it. Sometimes we misstep, our fortunes are wiped out, we fall back to nothing and need to start over, and we need that support to get off the ground.

      Charity is not sufficient. That support structure should be integrated into the society; so that it is there, available to all.

    116. Re:Capitalism does not reward morality by vux984 · · Score: 1

      That is closer to communism than capitalism, with individual owners replacing the overall State as the owner of All Things.

      Several responders have made the same error.

      "Me and my friends" should be taken metaphorically as "the capitalists".

      When you are born, you are naked and penniless. Everything around is owned by someone else. You are you, and everyone else is "me and my friends".

      For you to survive, "me and my friends" have to provide for you. (That includes your parents - who for most of us, is who does this, but some of our parents can't, and others of us have no parents, etc... and some of us end up back to nothing much further along in our lives, and need support to get back up again)

      My argument is essentially that we should have that as a societal obligation, rather than rely and hope "charity" is always going to be enough. Because it isn't, and it won't be. Not reliably, not for all of us, not all the time.

      If you deny them access to everything and therefore threaten their individual and collective survival, you will find that the majority can come up with a surprisingly inventive list of things to do with the bloody corpses of those in power.

      I agree completely. I make the same argument elsewhere in the thread.

      "Me and my friends" owning everything, whether it is assumed to be me and 2 buddies, or "all capitalists in the USA" cannot effectively deny the have-nots, for they will eventually, as you say eventually decide to redistribute wealth on a massive and violent scale.

    117. Re:Capitalism does not reward morality by Kingofearth · · Score: 1

      A monopoly is the antithesis of a free market. How is a market free when it's controlled by a single entity? What does it matter if that entity calls itself a government or a corporation?

      The thing libertarians constantly fail to recognize is that centralization of power itself is the problem. They recognize it in government, but then somehow think that a corporation wouldn't abuse it's power.

      What happens when consolidation leads to a single company that controls the food supply? When they get to choose who gets to eat or starve, how is that any different from a government rationing food? Any sufficiently powerful organization becomes a de facto government.

    118. Re:Capitalism does not reward morality by vux984 · · Score: 1

      n the real world, I do have something you or your friends value - my labor.

      That's just it. No you don't. Labor isn't all that valuable. There is a reason why those guys standing on the corner every day as day laborers aren't getting anywhere in life. There is more labor available than there is demand for labor. Raw unskilled labor is not the limiting factor to more production in the 21st century. And as the market value of ad hoc unskilled labor drops to less than the cost of the resources (food / shelter / health care, etc) to sustain people a negative cycle is created.

      Second, if you and your friends have all that power and no interest in helping me, then who will impose on your freedom for me? If society universally decides not to support me, then I don't get that support

      Truth.

      But time and again, society rejects that position -- we abolished the work houses, and debtors prisons. We abolished indentured servitude. We abolished slavery in all its forms. We've instituted support systems for the elderly, and so forth. Its not efficient, its not always effective, but my observation is that when society is empowered enough (e.g. via democracy) it seems to consistently embrace the idea that people should not be allowed to fall into ruin, and that when they do society collectively has an obligation to them. That we don't just turn them into slaves or let them die of starvation.

      In that case, they could just help me directly and cut out the very expensive middle man.

      A parallel argument could be made for anything. Why should we pay taxes to support an army? Lets just have the people who want one pay for it themselves. Sure I'm rich and will benefit most from it being there, but there's no reason I should actually feel compelled to contribute to it? Let someone else contribute it to its maintenance, so that I may further my maximize profits under its protection.

      If we get invaded, then I'll contribute... maybe... if not enough other people do, and the Huns are camping on my driveway. This will not work out well.

      We all benefit from it therefore we should all help pay for it. The idea of building one ad hoc by just those individuals interested in it would be far more disorganized and ineffective than anything the government has ever done.

      A safety net is different but not much different. We all benefit from it, even when we aren't on it. Not catching them in a safety net doesn't make them go away... they aren't going to just generally roll over and die... so they'll still extract resources from the rest of us, one way or another. And crime is lessened in a world where people aren't robbing each other at gunpoint just to survive. We trade the pseudo-force of a taxation for the very real force of being robbed at gunpoint for food... and since they're already robbing us for food, they might as well take everything else of value they can carry. In for a penny in for a pound right? :)

      But funding a financial safety net is even more perverse, because anyone who can afford to pay for it, by definition, doesn't need it. And anyone who needs it, by definition, can't pay for it. Further, should those who needed it once be allowed not to support it once they can pay for it? What of those who chose not to pay for it when they could but now need it?

      And what if those who would voluntarily support do not fund it enough... and its inadequate and people are falling through the cracks... we're back to being robbed again. In the 17th century there was charity for the poor... but the workhouses and debtors prisons were still populated. There's ample historical evidence that "those who would volunteer charity" do not meet the needs of those who needed it. If it were, those houses and prisons would have been all but empty.

      Better and fairer by far to make it a collective expense.

    119. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      You are not the only person around and not the only person who helped other and no, we should not have 'support systems' if they are based on initiating of violence by government against an individual. It is immoral because it relies on violence against people and bad economic policy as well, because it leads to growth of government power and of the welfare state that eats itself to death.

      There is no such thing as 'regulated free market'. Regulated means not a free market and what we have today across the globe is failure socialist/fascist policies that presents itself in the increasing economic downturn, reduction of standard of living for all people, you are pulling everybody down with your edge case based policies. Somalia has nothing to do with free market capitalism, it is a country that had to fight one war after another against the occupying forces.

      There can be no compromise, income taxation, business regulation and money printing (inflation) are immoral and are leading towards economic disaster in countries that practice it, while those who are reducing the government pressure are building up their capital and wealth as a result (China as an example).

      History has shown us exactly what happens when role of government is reduced - people become free and build the strongest economies in the world. We also know what happens when governments grow in power regardless of the reasons (and they always promise a free lunch for the majority), everybody becomes a slave and a poor slave at that.

    120. Re:Capitalism does not reward morality by mvdwege · · Score: 1

      And see here the naked sociopathy without any disguise: "Might makes right". Scratch a Randian, and find a fascist.

      --
      "I know I will be modded down for this": where's the option '-1, Asking for it'?
    121. Re:Capitalism does not reward morality by roman_mir · · Score: 1

      A fascist? Since you don't know the meaning of the word, maybe you should learn it before trying to apply. Fascism is a socialist system of government allows some operation of private property but introduces huge controls over it in order to gain most of the reward from that operation. Fascism requires business and government to work together.

      What happened with the individuals taking over land they saw as unclaimed had nothing to do with governments and companies working together, so your ad hominem fallacy noted.

    122. Re:Capitalism does not reward morality by mvdwege · · Score: 1

      So, given your admiration for an economy driven by government land grants and the US army genociding the inhabitants of such lands, coupled with an other aspect of fascism, reverence of power, how does this not apply to you?

      The question was rhetorical, by the way. There is no way you can come up with a rational answer to deny it, you'll probably just come up with another deluded rant.

      Calling government led genocide of natives "winning in the marketplace". Dear God, I knew you were mad, but you get worse by the day.

      --
      "I know I will be modded down for this": where's the option '-1, Asking for it'?
    123. Re:Capitalism does not reward morality by pnutjam · · Score: 1

      bullshit, capital uses power to tip things in their favor all the time. I'm just out to level the playing field. You want to bring back the pinkertons.

    124. Re:Capitalism does not reward morality by pnutjam · · Score: 1

      wow, to everything you are saying. I'm impressed that you went all the way down the rabbit hole.

  2. grit always brings me to success by Anonymous Coward · · Score: 0

    pour it down my pants, it does what it has to and then I'm fine again.

  3. Wrong Question by EMG+at+MU · · Score: 1

    It is obviously a help for start-ups until the consumer gives a shit about what a company does ethically.

    The question should be is a moral compass a help to society. Then the follow up is: What should we do given that we know a moral compass is a benefit to society but almost 0% of companies have one.

    1. Re:Wrong Question by Penguinisto · · Score: 1

      It depends... Zynga was run by an amoral asswipe (Mr. Pincus) for quite awhile. It took the fading of games like Farmville and Yoville with no real viable replacement from them, coupled with the arrival of new shinies to distract their customers (e.g. Angry Birds, Candy Crush Saga, and similar crap) before they were cut down to size.

      I guess what I'm saying is that it takes a public and/or industry willing to both pay attention to the company's doings and a willingness to do something about it. See also the demise of SCO viz. Darl McBride.

      --
      Quo usque tandem abutere, Nimbus, patientia nostra?
    2. Re:Wrong Question by tlhIngan · · Score: 1

      The question should be is a moral compass a help to society. Then the follow up is: What should we do given that we know a moral compass is a benefit to society but almost 0% of companies have one.

      Actually, a lot of companies have a moral compass, even "evil" ones. I mean, do you consider Apple evil because they sue over patents? But what about their moral compass for environmental causes? Or supporting LGBTQ equality? The latter two have either caused problems with shareholders or the public.

    3. Re:Wrong Question by macs4all · · Score: 1

      Actually, a lot of companies have a moral compass, even "evil" ones. I mean, do you consider Apple evil because they sue over patents?

      Um, if it makes Apple "evil" to protect their IP from being directly ripped off by well-heeled competitors (cough, Samsung, cough), then I think you need to adjust your definition of "evil".

      I mean, if you were the CEO of Apple, what would you have done in that instance? I mean, look at the Techcrunch article with the "Before iPhone" and "After iPhone" Samsung pictures. Tell me you wouldn't have been incensed, probably moved to litigation.

  4. Thank ${DEITY}... by x0 · · Score: 1

    I thought this might be another Haselton story.

    --
    In the immortal words of Socrates, who said; 'I drank what?'
    1. Re:Thank ${DEITY}... by OzPeter · · Score: 1

      I thought this might be another Haselton story.

      Instead it's a diceverticement

      --
      I am Slashdot. Are you Slashdot as well?
  5. morality a hindrance or help? by roc97007 · · Score: 1

    I'd say that on the short term morality is a hindrance. But even if your morally questionable decisions don't cause your startup to implode, would you really want to be part of the kind of company it would become?

    --
    Oliver's law of assumed responsibility: If you're seen fixing it, you will be blamed for breaking it.
    1. Re:morality a hindrance or help? by CrankyFool · · Score: 4, Interesting

      You raise a really good point that gets ignored often.

      As a startup, you're fighting not just for money and customers, but also talent. Speaking as your typical tech person in the bay area, I'll say that the place is lousy with startups doing interesting tech work where I could solve interesting problems, and it's full with a plethora of places that will pay me well. One thing that I consider in companies is their moral and ethical profile. I work where I work because, irrespective of the crazy wages and the problems, I feel like it leads the way in ethical and humane management of high-performance engineers, and its approach to its customers is transparent and ethical. I wouldn't work for a company I considered evil, or whose execs I had serious ethical problems with -- and Uber falls into that category.

      Summary: Not appearing like you're ethical will noticeably impact your ability to compete for talent.

    2. Re:morality a hindrance or help? by OzPeter · · Score: 1

      I'd say that on the short term morality is a hindrance. But even if your morally questionable decisions don't cause your startup to implode, would you really want to be part of the kind of company it would become?

      Or in the words of Groucho Marx

      I refuse to join any club that would have me as a member.

      --
      I am Slashdot. Are you Slashdot as well?
    3. Re:morality a hindrance or help? by Anonymous Coward · · Score: 0

      I'd say that on the short term morality is a hindrance. But even if your morally questionable decisions don't cause your startup to implode, would you really want to be part of the kind of company it would become?

      That depends entirely on how much of my stock I get to sell at an $18B valuation before the implosion.

    4. Re:morality a hindrance or help? by Penguinisto · · Score: 1

      That's true even outside of the Bay area.

      Here in PDX, I've worked in boiler rooms, for amoral shitheaded corporations, clueless startups, and similar places. I lost count of how many interviews I would suddenly walk out of due to a strong sense that the place is completely wrong to work for.

      I've finally found a place where the folks running the show actually give a damn about their employees, and are willing to prove it in spades. It's a non-profit org, but damn it feels good to go home every day...

      --
      Quo usque tandem abutere, Nimbus, patientia nostra?
    5. Re:morality a hindrance or help? by postbigbang · · Score: 1

      Ends justifying the means gives rise to lots of bad stuff. I'll avoid politics as a citation. Instead, I'll choose organizations that focus on morality, their customers, their employees, as well as their investors.

      In each case, if you pick amoral customers, employees, or investors, any one of the three will bring you down, because each has a greed stake, rather than a value stake, in the outcome of the working machine that is the organization.

      Those managing the organization can pick moral or amoral, each with decidedly different outcomes. Tossing aside morality for short periods will upset the equations of long term success. If you're going for short term success, then it's your soul that counts. If you have one.

      --
      ---- Teach Peace. It's Cheaper Than War.
    6. Re:morality a hindrance or help? by phantomfive · · Score: 1

      Indeed, I came to say this same thing.

      Don't work for a company that cheats its customers. They will soon enough cheat their employees as well.

      --
      "First they came for the slanderers and i said nothing."
    7. Re:morality a hindrance or help? by Anonymous Coward · · Score: 0

      He'd go anywhere that would have him, the snivelling jew-boy.
      --
      udachny

  6. Press by sycodon · · Score: 1

    With regards to the comments the execs made about harassing reporters and such...

    It should be pointed out that Reports act exactly as he suggested others do.

    --
    When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
    1. Re:Press by Applehu+Akbar · · Score: 1

      Uber stands guilty of being clueless about political correctness. Digging dirt about the private lives of entrepreneurs is called whistleblowing, and will probably earn a biopic made about about your life. Dishing on union satraps or Luddites is "harassment" and therefore evil.

      How quickly we forget that Sarah Lacy was herself caught in evil doings just a couple of years ago:
      http://valleywag.gawker.com/ar...

    2. Re:Press by Fwipp · · Score: 1

      "Evil doings" apparently means speaking honestly about negative experiences with a company you've worked with - or perhaps worse, giving them a chance to make amends?

      "[Option] 1. we sever the relationship entirely and never do another event there. rest assured we will let people know why when they ask and we'll reference it in our next post about our next LA event."
      "Honestly, it's up to you guys. If you feel you've done nothing wrong, pick option A. We have plenty of venues that were disappointed they weren't picked and would be happy to be given another shot. "

  7. Worked out OK ... by Anonymous Coward · · Score: 0

    for Bill Gates.

  8. Wrong Question by Anonymous Coward · · Score: 0

    +1.
    Perhaps a company should be rated as how well it fits its company charter rather than pure profit. It would allow a consistent logic applied to non-profits and businesses alike, and allow people to decide which kind of companies they do business with.

  9. The key word is start ups. by 140Mandak262Jamuna · · Score: 2

    Once you get to be too big to fail, you also become too big to jail. Banksters like Jamie Dimon would simply call the fed and ask it to call off this investigation or that probe. So it is beyond question lack of moral compass helps the big companies. It is when they are small people are debating about it.

    --
    sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
    1. Re:The key word is start ups. by Anonymous Coward · · Score: 0

      Haven't you missed the whole slew of companies between startups and megabucks?

  10. Wrong question. by BarbaraHudson · · Score: 4, Insightful

    Companies don't have "moral compasses" - the people working in them do.

    If you have a moral compass that works, are you willing to toss your morals aside, or work for/with people who do not possess the same values?

    If the answer is no to the first part, then you don't need to answer the second part.

    If the answer is yes to the second part, then you're just negotiating the price at which you are willing to prostitute your "morals."

    --
    "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    1. Re:Wrong question. by fustakrakich · · Score: 1

      Ah, but having *bills to pay* and *mouths to feed* is your free get out of hell and into heaven card.

      --
      “He’s not deformed, he’s just drunk!”
    2. Re:Wrong question. by AuMatar · · Score: 1

      Very short sighted answer. I'm not willing to sacrifice my values. Am I willing to work for/with others who have other values? Of course.

      I'm pro-choice. Not all my coworkers are. We work together just fine.

      I believe in welfare. My boss is a hardcore republican. We work together fine.

      Why? Because those morals don't apply to the job. Now to get closer to the mark:

      I believe in minimal accumulation of only annonymized data for use in improving my project. Some of my coworkers want far broader reaching data retrieval. We comprimised somewhere in the middle. We're not using this data for anything I consider immoral or selling it off, but we're keeping more than I consider absolutely necessary. I'm ok with this, so long as there's certain things we don't track.

      I work for/with people with vastly different morals all the time.

      Even ignoring that, its possible to be in a situation where you can't/it's difficult to leave a job, or for there to be something you're slightly uncomfortable with but doesn't breach your morals to the point where you have to leave in a huff. The world isn't black and white. And that's of course assuming you actually know everything the company is doing (you don't) and understand all the implications and future uses.

      --
      I still have more fans than freaks. WTF is wrong with you people?
    3. Re:Wrong question. by dAzED1 · · Score: 1

      +1 to your comment. Some of the biggest problems in our current society trace back to making groups of people no longer groups of people - we pretend that corporations have a compass, when a piece of paper can have no such thing. We then treat the government as some external entity that oppresses us, when in theory the Great Experiment is supposed to be "government of the people, for the people, by the people" - *we* are the government. These people *are* uber. Are those people served by having morals, in so much as making money is concerned? Clearly they don't think so.

    4. Re:Wrong question. by Anonymous Coward · · Score: 0

      Companies don't have "moral compasses" - the people working in them do.

      If you have a moral compass that works, are you willing to toss your morals aside, or work for/with people who do not possess the same values?

      If the answer is no to the first part, then you don't need to answer the second part.

      If the answer is yes to the second part, then you're just negotiating the price at which you are willing to prostitute your "morals."

      Nobody has a moral compass, bro. There are just people who claim they do as part of the charade or if it gains them benefit... If you haven't figured this out by now, hope you grow up soon.

    5. Re:Wrong question. by Anonymous Coward · · Score: 0

      "I believe in minimal accumulation of only annonymized data..."
      "Belief is the death of intelligence"
      -Robert Anton Wilson.
      Also we aren't talking about your political beliefs. We're talking about if your employer asks you to do something that is clearly immoral and threatens to fire you if you don't. Of course you could try to find a job somewhere else that won't try to make you do the immoral thing, but then you'll just find out that there are no places (at least that you can find) that don't require you to do this immoral thing.

  11. Journalists are fair game by voss · · Score: 1

    When a journalist writes a bulls--t story about you ought to know whos paying their bills and who their friends are. The Linux community had to deal with that for years
    when "journalists" would write hit pieces on linux during the SCO trials. Does that mean they ought to be Doxxed and harassed at home? Hell no but knowing if they are getting paid by rivals and are friends of your enemies is damn useful.

    1. Re: Journalists are fair game by Anonymous Coward · · Score: 0

      What a load of bullshit. That sociopath prick running the company is a bully. Many people aren't going to use uber because of this sunshine. Take your astroturfing elsewhere.

    2. Re:Journalists are fair game by Sez+Zero · · Score: 1

      When a journalist writes a bulls--t story about you ought to know whos paying their bills and who their friends are.

      What I want to know is when did anyone with a blog/website suddenly become "a journalist"? Is the bar really that low?

      I can setup a domain and pound out some page-view inducing BS; am I a journalist then?

    3. Re:Journalists are fair game by voss · · Score: 1

      I suppose the answer is if you get paid or otherwise earn money to gather and/or present news and information then you would qualify,
      A journalist can be a blogger but not all bloggers are journalists.

  12. List of startups with moral compass by Drunkulus · · Score: 1

    1.
    2.
    ...
    4. PROFIT!

  13. Be moral, always. Set the bar high. by Anonymous Coward · · Score: 0, Insightful

    Since most business are decidedly not moral, being moral and playing on that morality should/would be successful. Just don't declare to "Don't be evil" and then do the opposite. Being moral is always the right thing to do despite the possible loss of profit. In the end, the moral company wins. Look no further than at every large IT player out there. Who really trusts them? Why? Because they acted immorally for money. Don't be that guy.

    1. Re:Be moral, always. Set the bar high. by Anonymous Coward · · Score: 0

      If you are evil, why not declare "Don't be evil" and then fuck everyone else over? Seems like a legitimate tactic for an evil entity.

      It also seems to be in vogue these days. I'll leave it as an exercise to the reader to figure out who else is engaging in that practice.

  14. Well, it's a tool. by Krishnoid · · Score: 1

    If you have a moral compass, it can help you determine the right thing to do and the right path to follow. And (cynically) based on your company's risk tolerance for the type and amount of bad PR, it can help you determine how far to deviate from that path.

  15. a poor moral compass killed my startup by Anonymous Coward · · Score: 0

    I should never have worked with them. On some level, I knew they were wrong for me. They got greedy and wanted more equity than we had agreed on. I left, the company failed. RIP yet another startup.

  16. So what does this tell me about you? by westlake · · Score: 1

    Morality is for the working class. If you want to succeed in a capitalist economy, it's better to be amoral.

    I'm tempted to take this as an admission that the geek doesn't see himself as part of the working class. It would explain a lot.

    1. Re:So what does this tell me about you? by fuzzyfuzzyfungus · · Score: 1

      If you want to be a filthy marxist about it, geeks are nearly perfect petite bourgeoisie.

  17. Expression wrong by Anonymous Coward · · Score: 0

    It's "when you only have a hammer, everything looks like a nail", or some such.

    Uber, like every other startup, has more than just a hammer.

  18. Amoral by Anonymous Coward · · Score: 1

    Companies have no morals, no scruples, no 'next generation' to pass a legacy along. They exist solely to make money. Resources consumed don't matter, waste products don't matter, tomorrow doesn't matter. They exist as a legal entity, but would qualify as psychotic (at best) or sociopathic by any human measure.

    Morality is based on being nice to the other guy in case you may need him to be nice to you some time. Companies don't care about that. The managers might, on an individual basis, but there's no reason to steer the company in that direction. Run it to beat the competition, and drop it if it fails. The company will feel no guilt or remorse or regret.

    1. Re:Amoral by neminem · · Score: 2

      I'd argue that a purely "logical" version of "morality" that you describe does apply to corporations exactly in the same way that it applies to individuals: if it's based on being nice to someone so they'll be nice to you, that only describes morality as far as anyone knows about (i.e. the sociopathic version of morality). A corporation doesn't want to get caught stealing any more than an individual does: while the legal punishments might be sadly far less for corporations (generally, a slap on the wrist fine that does little to discourage them from continuing to do it), the real harm comes from the media, which is *exactly* equivalent to what you describe.

      You want to be nice because if you're not, you'll have a reputation and people won't want to do business with you; a company might want to be nice because if it isn't, it will also have a reputation, and I won't want to do business with it, either. There are plenty of businesses on that list for me, that because of some shady deal or another, I just won't do any business with them. They didn't specifically harm me, but they've harmed enough other people that they have that reputation for harming people, so why would I want to do business with them?

      Of course, the sociopathic version of that is, just don't get *caught* doing anything that would give you that reputation. But the same also technically applies to individuals.

    2. Re:Amoral by SourceFrog · · Score: 1

      You're anthropomorphizing companies. Companies are owned and run by people, and can only perform actions that are driven by human decision makers - the morals, or lack of them, are human qualities by the human decision makers.

      --
      My other UID is three digits.
  19. Is a Moral Compass a Hinderance Or a Help For Star by Anonymous Coward · · Score: 0

    As an MBA (down-vote me already), morality of behavior is necessary for a firm to maintain its license to operate.

    Note how we are talking about Uber here, and Uber is facing many injunctions and bans from operating due to its immoral behaviour.

  20. "Do No Evil" by Rick+Zeman · · Score: 1

    Oh wait...that's no longer valid so the answer is having a moral compass isn't good to have in business at all. "Think of the poor stockholders!"

  21. Hinderance?? by CrimsonAvenger · · Score: 1, Insightful

    I'm assuming that the author managed to mangle the spelling of "hindrance". Mostly because I'd have to be appalled that an "editor" could neither run spellcheck nor recognize a misspelled word...

    On the other hand, this is /., so I shouldn't be surprised....

    --

    "I do not agree with what you say, but I will defend to the death your right to say it"
    1. Re:Hinderance?? by Anonymous Coward · · Score: 0

      I'm pretty sure they are interchangeable spelling of the same word.

    2. Re:Hinderance?? by Anonymous Coward · · Score: 0

      If you are going to be a smart ass, at least check your information first

      http://www.thefreedictionary.com/hinderance

  22. My guess ... by MacTO · · Score: 2

    ... and it is only a guess:

    Most startups need a moral compass in order to recruit and retain employees who are invested in the success of the company. If the startup doesn't offer that, there is a high probability that quality employees will move on when better opportunities arise. (Examples are higher pay, better benefits, or a more stable job. These are all things that startups find difficult to provide.) Depending upon their clients, it may also serve to separate the startup from the competiton.

    Yet Uber (and the likes) are not your typical startups. Since they are trying operate in a highly regulated industry, and in an industry where the regulations vary from place to place, they are very politicized. Unfortunately politicized issues make it very difficult to have a clean fight because those with a vested interest have the existing power structures (politicians, courts, etc.) on their side.

  23. Quid-pro-quot for journalists by Okian+Warrior · · Score: 1

    What a load of bullshit. That sociopath prick running the company is a bully. Many people aren't going to use uber because of this sunshine. Take your astroturfing elsewhere.

    That's an interesting response. You are supporting your position by emotional strength - essentially saying that the poster has to back down or you'll respond into a full-blown emotional outburst (see bully).

    When I first heard about Uber's plans the first thing that came to mind is "there's no law against publishing public information".

    We have fairly clear rules about what's illegal in terms of gathering and publishing data. The police have no qualms about publishing names and addresses, and sometimes courteously withhold that information for the rich and powerful while using it against low-income people.

    The press has no qualms about publishing data that people want to keep private, so long as publishing it would sell papers. If someone simply wishes to live out of the public eye, it's a challenge and "Look! We've got the scoop on Satoshi Nakamoto! Find out who he *really* is and why he needs to hide! (Are your children safe?)

    If no one takes action to expose the journalists, if there's no consequences for their actions, what keeps the journalists honest? What incentive does any journalist have for journalistic integrity?

    This seems like a cromulent quid-pro-quot. So long as no laws are broken, I'm fine with it.

    1. Re:Quid-pro-quot for journalists by david_thornley · · Score: 1

      The problem I see is that there is potentially embarrassing information that doesn't affect reliability. If journalist A turns out to be in the pay of your competitors, or has been investigated for faking things, that's relevant and should be published. If journalist B has done stupid, unpopular, or illegal things in the past that have no bearing on their reporting, or has some sort of vulnerable dependent, then publishing embarrassing things serves no purpose and drags the discussion to the bottom, where the deciding thing is not what Uber does but whether the Uber CEO smoked more pot than the reporter when they were young.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  24. It's only a hindrance by kruach+aum · · Score: 1

    If the purpose of a company (which is what startups are) is to make money, then anything that diminishes its capacity to make money is a hindrance. For example, not engaging in certain money making practices because of ethical reasons.

    The public image of a company affects its ability to make money. However, the public image of a company is just that: an image. You don't need to actually be ethical, you only need to be perceived to be ethical to build a positive public image.

    In short, a moral compass is at best neutral and at worst a hindrance to a startup.

  25. A Simpler Explanation by Anonymous Coward · · Score: 0

    when you're a startup that thinks it's besieged from all sides by entities that seem determined to shut you down, sometimes your executives feel the need to take any measure in order to keep things going, even if those measures are ethically questionable.

    I think the simpler explanation for ethically questionable behaviour is that sometimes your executives are just complete jerks.

  26. The answer is yes. by hey! · · Score: 2

    IF: you have a moral compass.
    THEN: having a moral compass is a help to your achieving your ends.

    On the other hand,

    IF: you don't have a moral compass.
    THEN: not having a moral compass is a help to your achieving your ends.

    In other words the question is meaningless unless you stipulate "help or hinderance to what". Also you need to specify the behavioral flexibility of the people in question. Someone who is strictly immoral -- that is to say he never does anything moral if he has an evil alternative -- would have to be irrational. The eviler alternative is not always the rational choice.

    Also moral/amoral doesn't capture everything about somebody's thinking and character. Some people are amoral and shortsighted. Others are amoral but can see the long term value of curbing their behavior. On the other hand some people are strictly moral but rigid and unimaginative. Others are highly moral and creative. To a creative person an obstacle is often an opportunity.

    Ultimately you are who you are: goodie-two-shoes or amoral bastard or something in between. Whatever you are you have to make that work for yourself.

    --
    Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
  27. Why are you asking /.? by Anonymous Coward · · Score: 0

    Only VCs can answer that question, and they're not on an irrelevant site like this.

  28. "Morality" Is Definitely a Problem For Startups by Anonymous Coward · · Score: 0

    Depending on what one's version of "morality" is, it might or might not be a hindrance.

    I know my version of morality has been a hindrance to me in starting up a business. If I dealt with the business side of things, rather than the technology side I'd likely have even more problems.

    Simply put, if if business were a video game the most successful business people would be those power gaming the crap out of everything. Funny thing is, when gamers play video games this way they're often mocked for "avoiding realism".

  29. A wiseman said by koan · · Score: 1

    Ethics and morality are for the poor, it keeps them docile.

    --
    "If any question why we died, Tell them because our fathers lied."
    1. Re:A wiseman said by Stan92057 · · Score: 1

      It also keep our congress in business creating regulations. kinda like pay me now or pay me later.

      --
      Jack of all trades,master of none
  30. Moral Compass a hinderance? by Anonymous Coward · · Score: 0

    If the CEO lacks a moral compass and is prepared to do anything, screw over friends, colleges and business rivals then that would promote the interests of the company. Unfortunately in the process he'll do immeasurable damage to the rest of the industry. Take the case of Bill Gates, or the rail-and-oil robber barons from a previous century.

    Microsoft Sues Samsung

    Microsoft Litigation

  31. Experience says by recharged95 · · Score: 1

    "Is a Moral Compass a Hinderance Or a Help For Startups?"

    Having worked for several startups to large Fortune 50 companies, I'll fit this into Silicon Valley's 2 common choices that directly tie into their exit strategies:

    a. sell the company/IP business plan: No (don't need morals)
    b. IPO strategy business plan: Yes (cause you're trying to sustain the company, hence its business philosophy)

  32. The question implies... by matbury · · Score: 1

    ...that the people running startups have any choice in the matter. Aren't they too busy wooing investors to give much thought to who's lending them that money and what they'll want for it later?

  33. I dont care how competitive the environment is by Anonymous Coward · · Score: 0

    I will NEVER EVER use any product with Uber as a company name. If you treat your business opponents with that kind of sleaze and outright cheating, it is only a matter of time before they treat their customers (me!) with the same sleazy behavior and start cheating them too.

  34. It Depends... by Anonymous Coward · · Score: 0

    ...on what you consider a "hindrance." It also depends upon the industry.

    If your only measure of success is the fiscal bottom line, then a [good] moral compass may be a "hindrance."

    Also, there are certain industries where a good moral compass is more than just a "hindrance." It's a deadly flaw.

    In the case of Uber, I'm not sure if folks are aware of who runs the US cab companies ( HINT: It ain't the Boy Scouts). Anyone playing in that cesspit had better be tough, sleazy and willing to fight hard (possibly with live ammo).

    It's nice to be rich (I guess), but it's also nice to be alive, happy and not having to drive everywhere in armored SUVs, accompanied by armed consiglieri.

  35. Capitalism is really just as bad as any other by Anonymous Coward · · Score: 0

    THE real problem is that capitalism, communism etc, etc all lack something vital in their philosophy. We who live in a capitalistic society can see how unworkable the other ism's are. But it does not take long to see how we under the guise of business sell out all that is great about ourselves. How we only think about our own personal gain at the expense of others. This story line being a good example. How far have we gone when it even have to be asked if immoral is a good thing?

    It is that selfish attitude which is a big part of the underlying problem. Truth is where ethical pro-survival desicions comes from. Having knownledge about life and how it works. From being able to look into the future and see what any particular direction of actions lead to.

    When you live in a society of dog eat dog you will have a really hard time being an honest ethical being who value helping others. Which, by the way, unless you can and do, makes you kind of useless. Even to yourself in the long run. Life will not be fun or fulfilling. If you are being honest to yourself.

    Money is thought to buy happiness. It does not buy any such thing. What it can do is provide temporary relief and be a useable energy to be useful with, to be more valuable to others by making it easy for you to take pro-survival actions, as your daily needs will be easily met.

    People with lots of money are not known for actually being any happier than those without. They can look happy, especially in the eyes of the poor who have to fight for everything, but you sit down and talk to him and you'll quickly discover all his problems, which compared to a poor man, are often humungus.

    It's the whole mix of life in a universe built on force which gives the appearance of having to have a dog eat dog attitude to survive. Truth is that is what is holding you down, what is preventing you from finding true happiness. Deep inside we all have a moral compass. Some may have buried it under years of bad decisions and actions. But it can be dug out again.

    I've walked with gangs, pimps, pushers and killers, as well as multi-millionairs, inventors, housewives, cops, factory workers, etc in societies from all over the world. I see what those who are really happy have, and what those who struggle, are poor etc, have. All ism's have the same fundamental flaw which bring the people who follow it down, which really boils down to not having enough knowledge of how life works and what various actions lead to.

    The way out of this mess depend on one primary thing which though it cannot make it by itself, but without it true success and happiness is not possible. That is caring. It undercuts all and everything. You care about the quality of work you produce, you care about your neighbors, strangers on the street, including those who are not acting as your friend. Once you demonstrate the ability to care about yourself, your immediate environment on an ever growing sphere, you of course need to have a clue about life and how it works. You will also need to be productive and create something of value to others. That can be something as simple as giving a helping hand, and of course creating something that helps a lot of people.

    In a society where people don't know the difference between ethics and morals, between pro-survival and counter survival life can indeed be very tough. When you do something unselfish and are greeted by threats you are actually being successful as you are impacting that selfish attitude. When there is no noise you know nothing effective is being done. Society is built on the backs on the few hard working and effective people. They are what stands between us and total chaos, which side do you stand on?

    Only the tigers survive and even they have a hard time. It's time to be a tiger in your own eyes, start with something simple that you can do. Keep it up and increase as you become more able to. Be interested in life, not interesting. Observe what is and learn about it. When things get tough force yourself to smile, and look in the mirror when you do. It will give you something to smile about. When others complain look around and find something positive. And never give up.

  36. Idiom nazi, coming through. by Anonymous Coward · · Score: 0

    As the saying goes, when you're a hammer, everything looks like a nail; and when you're a startup that thinks it's besieged from all sides by entities that seem determined to shut you down, sometimes your executives feel the need to take any measure in order to keep things going, even if those measures are ethically questionable.

    That expression, I do not think it means what you think it means. The law of the instrument refers to an over-reliance on a certain tool. The expression in no way implies aggressive or negative behavior.

  37. an obligation by Anonymous Coward · · Score: 0

    Moral is an obligation in any case. Amoral means you tolerate antisocial and inhuman behaviour. Just think about it.

  38. Not a tech news story by Anonymous Coward · · Score: 0

    How come all the Bennet haters are not complaining that this isn't tech news?

  39. You might like: "Marxism of the Right" by Paul+Fernhout · · Score: 1

    http://www.theamericanconserva...
    "This is no surprise, as libertarianism is basically the Marxism of the Right. If Marxism is the delusion that one can run society purely on altruism and collectivism, then libertarianism is the mirror-image delusion that one can run it purely on selfishness and individualism. Society in fact requires both individualism and collectivism, both selfishness and altruism, to function. Like Marxism, libertarianism offers the fraudulent intellectual security of a complete a priori account of the political good without the effort of empirical investigation. Like Marxism, it aspires, overtly or covertly, to reduce social life to economics. And like Marxism, it has its historical myths and a genius for making its followers feel like an elect unbound by the moral rules of their society.
    The most fundamental problem with libertarianism is very simple: freedom, though a good thing, is simply not the only good thing in life. Simple physical security, which even a prisoner can possess, is not freedom, but one cannot live without it. Prosperity is connected to freedom, in that it makes us free to consume, but it is not the same thing, in that one can be rich but as unfree as a Victorian tycoon's wife. A family is in fact one of the least free things imaginable, as the emotional satisfactions of it derive from relations that we are either born into without choice or, once they are chosen, entail obligations that we cannot walk away from with ease or justice. But security, prosperity, and family are in fact the bulk of happiness for most real people and the principal issues that concern governments."

    I would add "community" and "health" as public goods government should also help support.

    BTW, to underscore the point that charity only tends to work well in communities where people are well known to each other (either that or an abstract gifte economy like JP Hogan wrote about), see:
    "Switzerland's shame: The children used as cheap farm labour"
    http://www.bbc.com/news/magazi...
    "Gogniat, his brother and two sisters were "contract children" or verdingkinder as they are known in Switzerland. The practice of using children as cheap labour on farms and in homes began in the 1850s and it continued into the second half of the 20th Century. Historian Loretta Seglias says children were taken away for "economic reasons most of the time⦠up until World War Two Switzerland was not a wealthy country, and a lot of the people were poor". Agriculture was not mechanised and so farms needed child labour.
    If a child became orphaned, a parent was unmarried, there was fear of neglect, or you had the misfortune to be poor, the communities would intervene. Authorities tried to find the cheapest way to look after these children, so they took them out of their families and placed them in foster families. ...
    The extent to which these children were treated as commodities is demonstrated by the fact that there are cases even in the early 20th Century where they were herded into a village square and sold at public auction. ...
    "Children didn't know what was happening to them, why they were taken away, why they couldn't go home, see their parents, why they were being abused and no-one believed them," she says.
    "The other thing is the lack of love. Being in a family where you are not part of the family, you are just there for working." And it left a devastating mark for the rest of the children's lives. Some have huge psychological problems, difficulties with getting involved with others and their own families. For others it was too much to bear. Some committed suicide after such a childhood.
    Social workers did make visits. David Gogniat says his family had no telephone, so when a social worker called a house in the v

    --
    A 21st century issue: the irony of technologies of abundance in the hands of those still thinking in terms of scarcity.
  40. George Bernard Shaw by NewYork · · Score: 1

    "The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man." --George Bernard Shaw

  41. Moral and ethical behavior for long term success by MoarSauce123 · · Score: 1

    Moral and ethical behavior may not allow for the überaggressive push into established or new markets, it may be in the way of short term profits, but it is the base for long term success. People don't like it if they get screwed and they remember it for a very long time. Everyone who was done wrong by Über or read about it (by now quite many people) will not make this service their first choice. I do not know what Über's business plan is, maybe they just want to be like a thief, grab the money and run. If they want to be around a few years from now then changing behavior is long overdue. As a company it is always better to voluntarily improve the own standing before others make you do it.