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{"id":2563,"date":"2011-11-14T16:24:00","date_gmt":"2011-11-14T16:24:00","guid":{"rendered":"http:\/\/admin.patheos.com\/blogs\/rhetoricraceandreligion\/2011\/11\/the-fuzzy-correlation-a-ramble-about-capitalism-socialism-and-politics.html"},"modified":"2011-11-14T16:24:00","modified_gmt":"2011-11-14T16:24:00","slug":"the-fuzzy-correlation-a-ramble-about-capitalism-socialism-and-politics","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/rhetoricraceandreligion\/2011\/11\/the-fuzzy-correlation-a-ramble-about-capitalism-socialism-and-politics.html","title":{"rendered":"The Fuzzy Correlation: A Ramble about Capitalism, Socialism and Politics"},"content":{"rendered":"\n<\/head>

I don\u2019t think we can ever escape sin. Consequently, I think every economic system is going to have sinful aspects to it. Capitalism is no exception. But one of the interesting features of capitalism is how it harnesses sin for the greater good. We pursue our self-interest, often in competition with each other, and all boats rise, prosperity fueled by the \u201crat race\u201d of modern economic life. By saying, effectively, \u201cGood luck, you\u2019re on your own\u201d capitalism takes our innate instincts for survival and social comparison (shame and \u201ckeeping up with the Jones\u2019s\u201d) and turns it into gasoline for the engine of productivity. As Adam Smith pointed out, we don\u2019t appeal to the benevolence but to the self-interest of the butcher, baker and candlestick-maker. Or, in the words of Gordon Geckko, \u201cGreed is good.\u201d

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Read the rest here<\/a><\/span><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"