The essay below titled Moral Criticisms of the Market: Analysis, was written after reading the article in the link below titled Moral Criticisms of the Market. It was written as a response to the prompt: Ewert is defending the free market from “Christian Socialists.” He states their position and then gives a rebuttal. Do you agree with the critique of the market in Ewert’s article? Why or why not?
https://fee.org/articles/moral-criticisms-of-the-market/
In response to the essay below reply with a minimum of 150 words. Your reply must include a discussion on whether the author was right in his or her analysis in either agreeing or disagreeing with Ewert’s arguments.
Moral Criticisms of the Market: Analsys
Some key points from Ewart’s article really stood out to me. For example, “All human action is self-directed, each of us has been created with a mind, allowing us to set priorities and goals, and a will, which enables us to take steps to realize these goals”. I do not feel as though focusing on ourselves, and wanting what is best for us is necessarily considered selfish. We are able to make our own decisions and have a say of what goes on in our lives. I do feel as though it is important to love one another and treat everyone as equals, but there is nothing wrong with also wanting the best for your self.
I agree with the rebuttal of the free market system. “The point is this: the free market allows individuals to peacefully pursue their chosen goals and priorities, but it doesn’t dictate or determine those priorities”. There is still room for morality in the free market system. It allows for individual thinking, and deciding. “It does not force an individual to focus on his own needs and desires, but leaves him or her at liberty to be self-centered or benevolent”.
Additional Resource: Hazlitt, H. (1988). Economics in one lesson: The shortest and surest way to understand basic economics. New York, NY: Crown Publishers. ISBN: 9780517548233.
Only Sections: I, VII, X, XIII, XV, XIX
It only needs to be 150 words
